Keep up with the latest news in the world of accounting and finance.
May 13 is the deadline to provide the IRS with information to get an Economic Impact Payment (EIP) via direct […]
Can an employer that averaged 100 or less full-time employees in 2019 treat its health plan expenses as qualified wages […]
Guidance from the IRS and the Employee Benefits Security Administration extends certain tax-related deadlines due to the coronavirus (COVID-19) national […]
The IRS has clarified that Payroll Protection Program (PPP) participants may be eligible for the employee retention tax credit. The […]
The coronavirus (COVID-19) pandemic has affected many Americans’ finances. You may have questions about the implications. For example, if your […]
The Paycheck Protection Program (PPP) is available to many U.S. small businesses affected by the novel coronavirus (COVID-19). Businesses can […]
Still waiting? If you’re eligible for an Economic Impact Payment as part of the Coronavirus Aid, Relief and Economic Act […]
How does the IRS define “qualifying child” in relation to Economic Impact Payments (EIPs)? Under the Coronavirus Aid, Relief and […]
Certain taxpayers who filed 2019 returns before the onset of the novel coronavirus (COVID-19) pandemic may want a “do over.” […]
The CARES Act includes favorable changes to the rules for deducting net operating losses (NOLs) to provide businesses with relief […]
Employers have many questions about the new Employee Retention tax credit. To answer them, the IRS has issued a series […]
The U.S. Dept. of Labor has posted frequently asked questions (FAQs) to help employee benefit plan participants, beneficiaries, sponsors and […]