New credits fund employers for Coronavirus-related paid leave
The Families First Coronavirus Response Act provides tax credits to reimburse employers for the costs of providing paid sick leave and paid family and medical leave to employees unable to work because of the coronavirus [...]
Coronavirus Tax Relief
March 18, 2020 The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, [...]
Taxes vs Coronavirus
The pandemic sweeping across the globe has everyone a bit cautious and some others in a panic. So many articles and advice out there telling people not to panic, just stay aware of social distancing [...]
BREAKING: House passes broad coronavirus stimulus and relief package, including paid sick and family leave
A bipartisan vote of 363-40, the House passed the Families First Coronavirus Response Act, sweeping legislation that will provide myriad emergency relief to businesses and individuals, including paid family and sick leave. Shortly after the [...]
Offer in Compromise Processing Fees Increase
The Internal Revenue Service today announced the release of final regulations that increase the Offer in Compromise application fee to $205 and provide an additional way for the IRS to waive the Offer in Compromise [...]