AHP Articles - Andrews Hooper Pavlik PLC

Created: Friday, March 12, 2021

American Rescue Plan Act Includes New Individual Tax Provisions

On Thursday, March 11, 2021, President Biden signed into law the American Rescue Plan Act. The Act includes a new round of economic stimulus payments and several tax-related provisions for individuals. This article provides an overview of the individual povisions that were included in the Act.

Created: Wednesday, March 3, 2021

PPP Adjusted to Prioritize Very Small Businesses

When the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) last year, the program’s stated objective was “to provide a direct incentive for small businesses to keep their workers on the payroll.” However, according to federal officials, the recently issued second round of funding has distributed only a small percentage of the $15 billion set aside for small businesses and low- to moderate-income “first-draw” borrowers.

Created: Friday, February 26, 2021

IRS Recommends Individuals Be Aware of the Potential Threat of Unemployment Benefits Identity Theft

What should you do if you received a Form 1099-G from your state for unemployment benefits you did not receive?

Created: Tuesday, February 2, 2021

Payroll Tax Changes and Other Related Matters for 2021

Federal and State of Michigan tax changes and information for this year. Learn more about the 2021 changes in this article.

Created: Monday, January 18, 2021

Extension of Payroll Tax Credits Under the FFCRA (as Enacted with the Signing of the CAA)

The Consolidated Appropriations Act (CAA), 2021, signed into law on December 27, 2020, extended the employer tax credits available to employers who voluntarily pay eligible employees sick leave and/or expanded family and medical leave through March 31, 2021. Learn more about the extension in this article.

Created: Friday, January 15, 2021

Michigan Small Business Survival Grant Program to Begin Accepting Applications Tuesday

The State of Michigan announced a new grant program for small businesses who are experiencing ongoing loss from COVID-19 and the Gatherings and Mask Order. Learn more about the Program in this article.

Created: Monday, December 28, 2020

Pandemic Relief Package for Individuals and Businesses Signed by President Trump

Congress has passed new stimulus relief legislation which contains multiple provisions to help taxpayers, including individuals and businesses. The President signed this legislation yesterday after almost a week of uncertainty about whether he would or would not sign it. After review and analysis of the new legislation, this article highlights what we believe will be of most interest.

Created: Monday, December 14, 2020

Michigan Strategic Fund Unveils $10 Million in Grants for Small Businesses

The Michigan Strategic Fund has approved a $10 million grant program to assist small businesses who have been adversely affected by the Coronavirus pandemic.

Created: Wednesday, November 11, 2020

Should You Go Phishing with Your Employees?

Every business owner is aware of the threat posed by cybercriminals. If a hacker were to gain access to the sensitive data about your business, customers or employees, the damage to your reputation and profitability could be severe.

Created: Friday, November 6, 2020

Now More Than Ever, Carefully Track Payroll Records

The subject of payroll has been top-of-mind for business owners this year. The COVID-19 pandemic triggered economic changes that caused considerable fluctuations in the size of many companies’ workforces. Employees have been laid off, furloughed and, in some cases, rehired. There has also been crisis relief for eligible businesses in the form of the Paycheck Protection Program and the payroll tax credit.