The coronavirus has resulted and will result in permanent changes to a much wider variety of aspects of our personal and business lives. Some of these changes affect both businesses and governments, as well as nonprofits.
Posted: August 24th, 2020 | Permalink
On August 8, 2020, President Trump issued a memorandum requesting Treasury Secretary Steve Mnuchin exercise his authority to defer withholding and remittance of certain payroll taxes.
Posted: August 19th, 2020 | Permalink
Employers of all sizes can defer the deposit and payment of the employer's share of Social Security taxes.
Posted: April 28th, 2020 | Permalink
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