Do You Have A Household Employee? Are You Sure?

In an effort to capture income from household employees, the tax code requires you to obtain employee information, pay the related state and federal taxes, and withhold taxes for anyone you employ around the house. The requirement for this “nanny tax” comes into play if you pay any one individual $2,300 or more (in 2021). […]

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Registration Now Open For Restaurant Revitalization Fund

The U.S. Small Business Administration launched the registration portal for the $28.6 billion Restaurant Revitalization Fund (RRF) on April 23, and is now accepting applications for the program. Restaurants and other food providers hard-hit during the COVID-19 pandemic have been anxiously awaiting direct aid to help them recover after more than a year of government-imposed closures and […]

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2020 TAX DEADLINE DELAYED FOR INDIVIDUALS

April 6, 2021 On March 17, the IRS announced that the federal income tax filing deadline for individuals will be automatically extended from April 15, 2021 to May 17, 2021. However, if you will be receiving a refund, you are encouraged to file before that date so that you can receive your tax refund as […]

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Oller Abogados joins IR as the exclusive Administrative Law Member in Costa Rica

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Roberto Esquivel of Oller Abogados. Roberto has joined IR as our exclusive Administrative Law member in Costa Rica. Roberto is Partner and Director of the Public Law practice group at Oller Abogados. He has ample experience in procurement and public contracting, […]

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Roberto Esquivel

Partner and Director, Oller Abogados

Updated PPP Loan Forgiveness Applications Released

The Small Business Administration (SBA), and the Treasury Department have published updated Paycheck Protection Program (PPP) loan forgiveness guidance and forms, including a one-page form that borrowers who received no more than $150,000 can use to apply for forgiveness. The newly released form, called the PPP Loan Forgiveness Application Form 3508S, can be used by […]

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New Covid-19 Relief Bill Signed Into Law

On December 27, President Trump signed into law the COVID-19 relief bill that was passed by Congress on December 21, 2020. The legislation, the Consolidated Appropriations Act, 2021, extends weekly benefits for unemployed workers, and provides more than $300 billion in aid for small businesses. It also ensures tax deductibility for business expenses paid with […]

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New Round Of Ppp Loans Authorized By Congress

Part of the Consolidated Appropriations Act, 2021, signed into law on December 27, 2020, authorizes another round of Paycheck Protection Program (PPP) loans for small businesses. This new round of PPP loans, being called “PPP2” by some, is similar to the first round of PPP loans that were authorized early in 2020, but there are […]

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