Insource recently published an update to the COVID-19 Telecommuter Tax Debate, a tax issued by the Massachusetts Department of Revenue (DOR). However, the State of New Hampshire has now filed a Motion For Leave To File Bill Of Complaint with the United States Supreme Court challenging the latest final rule. Due to social distancing measures and other… Read more »
The Massachusetts Department of Revenue has provided an update to the ongoing Telecommuter Tax speculation for non-residential workers now working from home due to the COVID-19 pandemic. Due to social distancing measures and other restrictions, multiple states have declared states of emergency, resulting in businesses and employees adopting telecommuting arrangements. Insource has previously reported that… Read more »
Recipients of Paycheck Protection Program (PPP) loans of $50,000 or less are now able to access simplified loan forgiveness applications from the Small Business Administration (SBA). PPP borrowers of $50,000 or less are exempt from any reductions in forgiveness under a new interim final rule (IFR) based on the following: Reductions in full-time-equivalent (FTE) employees;… Read more »
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