Exceeding Expectations. Always. — Business Advisors and CPAs


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

Tax Filing and Tax Payment Relief for Coronavirus/COVID-19 Pandemic

Find a full list of the tax filing and tax payment delays announced by federal and state governments in response to coronavirus/COVID-19 outbreak.
Posted: March 20th, 2020 | Permalink

Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic

The treasury department and the IRS are extending the due date for Federal income tax payments due April 15, 2020 to July 15, 2020, due to the ongoing Coronavirus (COVID-19) emergency.
Posted: March 19th, 2020 | Permalink