A Little Used IRS Code Section Applicable Now for Businesses! Internal Revenue Code Section 139 was initially created as a result of the 9/11 attacks. The intent was to allow employers...
IR-2020-64, April 2, 2020The Internal Revenue provided the following advice to taxpayers on April 2, 2020: Be on the lookout for a surge of calls and email phishing attempts about...
Payroll Tax Deferral for Employers The CARES Act economic stimulus package, passed on March 27, allows companies to defer paying their portion of Social Security payroll taxes (6.2%). Companies will still...
The President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law today. The CARES Act provides historic stimulus for small businesses. Most importantly, a portion of...
The U.S. Small Business Administration (SBA) has never faced a challenge like the COVID-19 outbreak, but they’re stepping up to help small business owners who are suffering financially during these...
President Trump signed the Families First Coronavirus Response Act on March 19th, and it will take effect on April 2nd. The economic stimulus measures will extend through December 31st, 2020....
How to Survive an Economic Shutdown Don't be an Ostrich! Now Isn’t the Time to Stick Your Head in the Sand. This isn’t meant to be another message discussing COVID-19 medical issues,...