On August 8, 2020, President Trump signed an Executive Memorandum that entitled employers to defer the withholding, deposit, and payment of employees’ portion of Social Security tax for beginning on…
Did you mail a check, tax return, or letter to the IRS sometime during the COVID-19 pandemic? If you did, it may be sitting in a pile of unopened mail…
The Employee Retention Credit has not received as much attention as the Paycheck Protection Program and the Economic Impact Payment parts of the CARES Act, but this credit can provide…
Last month, the IRS extended the April 15th payment deadlines and filing deadline to July 15th. Since then, they have also clarified that the June 15th estimated payment deadline has…
Included in the CARES Act, which was signed into law on Friday, March 27th, 2020, are provisions related to tax-deferred retirement plans/IRAs and minimum distribution requirements for 2020. Specifically, regardless…
The CARES Act signed into law on Friday, March 27th, 2020 provided small business relief in the form of two small business loan programs: the expansion of Economic Injury Disaster…