COVID Resources

COVID-19 Resources

New Alabama Legislation to Exempt Federal COVID Benefits from Alabama Income Tax

Yesterday, Alabama House Bill 231 and Alabama Senate Bill 152 were forwarded to Governor Kay Ivey for signature. This legislation, when signed, will effectively exempt from state income taxes certain federal benefits that taxpayers received from the American Rescue Plan Act last year, a coronavirus relief bill passed by Congress. The exemption applies to the…
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FEMA is Reimbursing Up To $9,000 For Each COVID-19 Related Funeral

Under the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 and the American Rescue Plan Act of 2021, FEMA is providing financial assistance for COVID-19 related funeral costs. The benefit is a maximum of $9,000 per deceased individual or $35,500 per applicant for multiple deaths. As of January 3, 2022, FEMA received 9,077 applications…
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New Funding for Health Care Providers

There are two new funding opportunities available specifically for Health Care providers. Application Deadline: October 26, 2021 at 11:59 pm EST CLICK HERE TO APPLY Combined application for Provider Relief Fund (PRF) Who is eligible? Providers or suppliers who bill Medicare fee for-service (Parts A, B, and C), Medicaid (fee-for-service or managed care) and/or CHIP as…
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Biden Administration Proposes Tax Initiatives

The Biden administration recently released a proposed budget for the fiscal year 2022, referred to as the “Green Book”. The budget includes a number of proposals for tax increases along with a series of increased or extended tax credit and incentive programs. Here is a list of some of the proposed changes:

Filing Season Readiness Update

We’ve hit the ground running in 2021 on a variety of projects – namely PPP-1 loan forgiveness, PPP-2 loan applications, and Employee Retention Credit analysis. If you would like to learn more about what we are doing in these areas, please contact us. In the meantime, we have extended our work hours for filing season and…
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