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Prior to the pandemic, Weinstein Spira allowed everyone to work from home once a week as part of the firm’s work-life balance philosophy. Now that we are working from home every day, there are some ways to avoid “remote work burnout.” Since I moved during the...
The American Rescue Plan Act (ARPA) of 2021 is a $1.9 trillion economic stimulus bill signed into law on March 11, 2021. Some of the highlights of the business provisions include: Employee retention credit – Extended for quarters through December 31, 2021 The...
Updated in March 2022 The Employee Retention Credit (ERC), established by the CARES Act, provides a dollar-for-dollar credit against employment taxes to qualifying companies impacted. The credit availability extends through September 30, 2021 for most taxpayers (the...
The Consolidated Appropriations Act, 2021 (the Act) is now law. The Act provides $900 billion for COVID-19 related relief, including $285 billion for the Payroll Protection Program (PPP). In summary, the Act makes multiple modifications to existing laws, including...
Our world has been turned upside down, and the year 2020 will forever be remembered as the year of COVID-19. With everything that is happening around us, both young and old are wondering: What if I contract COVID-19? Are my affairs in order? Will my family know my...
My experience with Weinstein Spira as an intern has been nothing short of amazing, even during COVID-19. Was it different than I expected? Yes. Was it worth my time? Absolutely. In this post, I am sharing what my internship looked like in the summer of 2020. Securing...
The Paycheck Protection Program (PPP) Flexibility Act of 2020 (the Act) became law on June 5, 2020. This Act applies only to section 1106 of the CARES Act, which pertains to the forgiveness of PPP loans. The following is a summary of the Act: PPP borrowers have...
If you have never worked from home for an extended period of time, this pandemic-induced new schedule may be a shock to you and your family. Have you settled into your “new normal”? How is your family adjusting? As a Weinstein Spira virtual team member, I spend most...
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became law on March 27, 2020. The CARES Act provides financial relief to individuals and businesses impacted by the COVID-19 pandemic and contains several provisions that affect retirement plans. The...
Relief Available for Businesses and Individuals The Families First Coronavirus Response Act (the Act), enacted on March 18, 2020, requires employers with fewer than 500 employees to provide a certain amount of paid sick and paid family leave to employees affected by...
Relief Available for Businesses and Individuals The Coronavirus Aid, Relief, and Economic Security Act (the Act) became law on March 27, 2020. The estimated $2+ trillion and 880-page legislation includes public health spending, immediate cash relief for citizens, a...
Due to the COVID-19 pandemic, the IRS announced that tax returns, originally due on April 15, 2020, will not have to be filed until July 15, 2020. The postponement applies to individuals, trusts, estates, partnerships, associations, companies or corporations with a...
Following President Trump’s declaration of a national emergency, Treasury Secretary Steven Mnuchin stated at a press conference on March 17, 2020 that individuals can defer tax payments up to $1 million for 90 days. Corporations can defer up to $10 million of tax...
Given the recent developments surrounding the spread of COVID-19, Weinstein Spira has instituted a remote work plan for our employees, and our physical office is currently closed. We are taking every step possible to ensure the health and safety of our clients,...