Keep up with the latest news in the world of accounting and finance.
The IRS has issued guidance for employers in the form of FAQs on the deferral of deposit and payment of […]
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers entitled to refundable tax […]
As eligible Americans wait to receive their Economic Impact Payments to help mitigate the effects of the coronavirus (COVID-19) the […]
The coronavirus (COVID-19) pandemic may pose a double whammy for seniors. The elderly are extremely vulnerable to medical complications associated […]
The IRS has launched a web tool to help certain taxpayers who don’t file tax returns to receive Economic Impact […]
The IRS announced that it has deposited the first Economic Impact Payments into taxpayers’ bank accounts. “We know many people […]
The IRS is providing more details about the cash payments the government is making to ease the economic impact of […]
The IRS extends more federal tax deadlines. The extension, detailed in Notice 2020-23, includes a variety of tax form filings […]
To mitigate unemployment caused by the coronavirus (COVID-19), the Small Business Administration has launched the Paycheck Protection Program (PPP). Eligible […]
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50% of […]
As a business owner, you may be struggling to stay solvent during the COVID-19 pandemic. The last thing you need […]
Employers should report the employee retention tax credit on their returns for the 2nd quarter of 2020. The Coronavirus Aid, […]