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Employers Can Defer Employment Tax Deposits Until PPP Loan is Forgiven

Employers of all sizes can defer the deposit and payment of the employer's share of Social Security taxes.
Posted: April 28th, 2020 | Permalink

Paycheck Protection Program (PPP) Update & Report (April 16, 2020)

We have included a few report highlights, along with the full report from the Small Business Administration on Paycheck Protection Program loans for you to view.
Posted: April 24th, 2020 | Permalink

Federal Tax Day - IRS FAQ Clarifies Filing and Payment Extension to July 15 Due to COVID-19,(Mar. 25, 2020)

The IRS has released frequently asked questions FAQs on the extension of the due date for filing income tax returns and payments to July 15, 2020 provided in Notice 2020-18, I.R.B. 2020-15. The FAQs clarify on filing applications for extensions after July 15, the due date for contributions to IRAs and HSAs, as well as other issues.
Posted: March 27th, 2020 | Permalink

IRS Unveils New People First Initiative; COVID-19 Effort Temporarily Adjusts, Suspends Key Compliance Program

To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.
Posted: March 26th, 2020 | Permalink

Unemployment Due To COVID-19

The Georgia Department of Labor (GDOL) has adopted an emergency Rule 300-2-4-0.5 Partial Claims, effective March 16, 2020. The rule mandates all Georgia employers to file partial claims online on behalf of their employees for any week during which an employee (full-time/part-time) works less than full-time due to a partial or total company shutdown caused by the COVID-19 public health emergency.
Posted: March 23rd, 2020 | Permalink