2020 – 05/29

In new guidance, the IRS has provided more coronavirus (COVID-19) deadline relief for employment taxes, employee benefit plan and other […]

Interim final rules on calculating loan forgiveness amounts under the Paycheck Protection Program (PPP) have been issued by the Small […]

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). For calendar year 2021, the annual contribution […]

Many taxpayers with student loans have been hard hit by the economic impact of COVID-19. The CARES Act contains some […]

If you’ve recently moved, you should inform the IRS of your new mailing address. On its website, the IRS has […]

Many Americans are still waiting for Economic Impact Payments (EIPs) from the IRS, which are meant to ease the financial […]

The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program […]

The U.S. House has passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. The bill would provide more […]

The IRS has increased the health Flexible Spending Account (FSA) carryover amount. In Notice 2020-33, the IRS stated that the […]

You still have time to make your 2019 traditional and Roth IRA contributions. The deadline is generally April 15 but […]

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 […]