TAX PRO PLUS LA

Video tip: You May Qualify for Free COBRA Health Insurance

The recently passed American Rescue Plan provides a 100% subsidy for COBRA premiums of eligible individuals. Watch this video for details.

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Tax-Free Grants for Restaurants

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss, up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

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Here’s What Happened in the World of Small Business in April 2021

In this small business breakdown, we discuss important current events that are affecting small businesses across the United States. Here’s the top news from April 2021.

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Video tip: A Reminder of the Expiring 2017 Refund Statute

The deadline to file a tax return and claim your refund for 2017 is coming soon. Don't miss out on any possible tax credits and contact us today.

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Refund Statute Expiring: Don't Miss Out!

If you have not yet filed your 2017 tax return and have a refund coming, time to claim that refund is running out! The IRS estimates that more than 1.35 million taxpayers have not filed their 2017 tax returns with approximately $1.3 billion of unclaimed refunds available for those taxpayers. If you fall in this category, you need to act quickly because the return must be filed by May 17, 2021 to claim a refund for 2017. Otherwise, the money becomes the property of the U.S. Treasury.

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