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2020 – 04/22
The Social Security Administration has provided guidance for Social Security recipients using the IRS “Non-filers” website to report information needed […]
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2020 – 04/22
The U.S. Senate has passed a $484 billion bill that will expand small business aid and provide needed funds for […]
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2020 – 04/20 – New COVID-19 law makes favorable changes to “qualified improvement property”
A law providing relief due to the coronavirus (COVID-19) crisis contains a valuable change in the tax rules for improvements […]
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2020 – 04/20 – Everyone loses when workers are paid “under the table”
Paying “under-the-table” wages is illegal and can result in severe penalties. It also shortchanges employees. Many laid-off workers who were […]
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2020 – 04/22 – IRS extends some (but not all) employee benefit plan deadlines
The IRS recently issued Notice 2020-23, expanding on previously issued guidance extending certain tax filing and payment deadlines in response […]
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2020 – 04/20
The IRS has announced that recipients of Veterans Affairs (VA) benefits will automatically receive Economic Impact Payments (EIPs). It noted […]
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2020 – 04/20
The IRS has issued guidance for the bonus depreciation technical correction under the Coronavirus Aid, Relief and Economic Security (CARES) […]
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2020 – 04/15 – What are the key distinctions between layoffs and furloughs?
As businesses across the country grapple with the economic fallout from the coronavirus (COVID-19) pandemic, many are facing the difficult […]
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2020 – 04/15
Are self-employed individuals eligible to defer payment of self-employment tax on net earnings from self-employment income? Under the Coronavirus, Aid, […]
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2020 – 04/16
The IRS says its new Get My Payment tool is now up and running. It allows taxpayers to check on […]
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2020 – 04/14
The IRS has issued guidance for employers in the form of FAQs on the deferral of deposit and payment of […]
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2020 – 04/13 – Relief from not making employment tax deposits due to COVID-19 tax credits
The IRS has issued guidance providing relief from failure to make employment tax deposits for employers entitled to refundable tax […]
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2020 – 04/13
As eligible Americans wait to receive their Economic Impact Payments to help mitigate the effects of the coronavirus (COVID-19) the […]
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2020 – 04/13 – Seniors face a double threat with COVID-19
The coronavirus (COVID-19) pandemic may pose a double whammy for seniors. The elderly are extremely vulnerable to medical complications associated […]
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2020 – 04/13
The IRS has launched a web tool to help certain taxpayers who don’t file tax returns to receive Economic Impact […]
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Small Business
