Not many would call the largest fiscal stimulus package in history a “pleasure read”. That’s not to say you should at least know how it affects you and your business. In addition to the Families First Coronavirus Response Act and the tax deadline...
We communicated earlier this week initial updated tax guidelines from the IRS regarding emergency relief for individuals and small business owners. Well, the IRS has released updated guidance on tax deadlines which supersedes previous guidance: The deadline for making...
We are expecting more volatility as daily corona-virus updates are communicated globally. We’re collectively aware of the uncertainty this situation has presented for us all. I think we can also agree this is a situation unlike any other we’ve ever...
Last week, President Trump signed the Families First Coronavirus Response Act. Congress is also working on an even newer Coronavirus relief bill. Federal income-tax payments can be deferred to July 15th. What is already determined? 1.Taxpayers do NOT have to...
Has your business been impacted by COVID-19? You may qualify for newly created tax credits: Earlier this week, loans up to $2 million dollars from the Small Business Administration were made available. On Wednesday night, the Families First Corona virus Response Act...