“What is happening with your 2020 tax returns?”

It’s a question asked of the Edwards & Associates Team on a frequent basis, and one that unfortunately doesn’t have an easy answer.

We can all agree the pandemic has thrown a few curve balls when it comes to running your practice, and unfortunately the 2020 tax returns are just one more area that’s being affected. 

In today’s episode the team talks about why all of the changes and confusions in the rules are holding up tax returns, a breakdown of the latest updates in ERC (Employee Retention Credit), and why dental office owners need to be careful about the advice they’re getting when it comes to ERC and the payback and forgiveness of PPP loans.

This is definitely a can’t miss episode as it’s crucial to stay up to date on these frequently changing products and rules.

If you’d like to have your question answered on a future podcast, contact Edwards & Associates. Or contact any one of the excellent ADCPA affiliates across the nation at www.ADCPA.org

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Full transcript.