Keep up with the latest news in the world of accounting and finance.
How are air carriers and contractors being helped by the Coronavirus Aid, Relief and Economic Security (CARES) Act? This law […]
The IRS has updated its website to detail its “mission-critical” functions during the coronavirus (COVID-19) crisis. It has had to […]
The Social Security Administration has provided guidance for Social Security recipients using the IRS “Non-filers” website to report information needed […]
The U.S. Senate has passed a $484 billion bill that will expand small business aid and provide needed funds for […]
A law providing relief due to the coronavirus (COVID-19) crisis contains a valuable change in the tax rules for improvements […]
Paying “under-the-table” wages is illegal and can result in severe penalties. It also shortchanges employees. Many laid-off workers who were […]
The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in response […]
The IRS has announced that recipients of Veterans Affairs (VA) benefits will automatically receive Economic Impact Payments (EIPs). It noted […]
The IRS has issued guidance for the bonus depreciation technical correction under the Coronavirus Aid, Relief and Economic Security (CARES) […]
As businesses across the country grapple with the economic fallout from the coronavirus (COVID-19) pandemic, many are facing the difficult […]
Are self-employed individuals eligible to defer payment of self-employment tax on net earnings from self-employment income? Under the Coronavirus, Aid, […]
The IRS says its new Get My Payment tool is now up and running. It allows taxpayers to check on […]