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Recent Insights
Banks May Now be Eligible for ERTC Under New Guidance
Reading Time: 3 minutes We’ve previously discussed the Employee Retention Tax Credit (ERTC) and how it impacts essential businesses with partial shut downs in previous issues of our GoodSense …
Read moreBanks May Now be Eligible for ERTC Under New Guidance
Understanding a Bank’s Regulatory Compliance with Payment Apps
Reading Time: 2 minutes As a more frequent Venmo user lately – making garage sale payments in exchange for goods and collecting basketball fees from parents on behalf of …
Read moreUnderstanding a Bank’s Regulatory Compliance with Payment Apps
Business Tax Update: New 1099 Nonemployee Compensation Tax Form for 2020 Tax Year
Reading Time: 3 minutes After a 38-year absence, Form 1099 Nonemployee Compensation Tax has made its return in the 2020 tax year, and its January 31 deadlines are right …
Read moreBusiness Tax Update: New 1099 Nonemployee Compensation Tax Form for 2020 Tax Year