On March 27, 2020, Congress passed the Coronavirus Aid, Relief and Economic Security Act to help United States workers and businesses deal with the impact of >>
Congress is discussing making more direct payments to eligible individuals to help mitigate the financial effects of COVID-19. But two Democratic members have expressed concern that >>
The IRS has issued temporary regulations on assessing the erroneous refunds of employment tax credits.
The IRS has issued temporary regulations on assessing the erroneous refunds of employment tax credits. They provide rules for reconciling advance payments, and recapturing the benefit >>
The IRS has issued depreciation dollar limits for business passenger automobiles placed in service during calendar year 2020. For passenger automobiles acquired after Sept. 27, 2017, >>
On July 4, President Trump signed a bill that gives businesses more time to seek federally backed loans. It extends the Paycheck Protection Program (PPP) loan >>
Do you work in the “gig economy?” It’s also called the sharing or access economy, and generally depends on a digital platform. Gig work has been >>
Taxpayers were given extra time to file and pay current tax liabilities, in response to the COVID-19 pandemic. Absent another extension, the deadline of July 15, >>