Category: Articles

The second half of 2020 has begun and it is more important than ever to consider mid-year tax planning ideas. What steps can business owners take today to lower taxes for the current tax year? Read More

We understand that many PPP borrowers are anxious to get started with the loan forgiveness process for a variety of reasons. Our Covid-19 team has kept completely updated on all guidance issued and stands ready Read More

If you're feeling burned out from coping with extreme circumstances brought on by the COVID-19 pandemic, you're not alone. Fortunately, the Financial Accounting Standards Board (FASB) and Congress are offering some compliance-related relief for certain Read More

If you're a business owner, do you have a plan in place that names who'll follow you as head of your company? You may feel you're too busy running the business today to waste time Read More

The economic fallout from the COVID-19 crisis will cause many rental real estate properties to run up tax losses in 2020 — and possibly beyond. Here's a summary of important federal income tax rules for Read More

Here's a HIPAA-related question from one employer. Q. How long are the extended HIPAA special enrollment periods during the COVID-19 emergency? A. In response to the COVID-19 emergency, the Department of Labor and IRS issued Read More

As a COVID-19 relief measure, the IRS has postponed many of the usual federal tax filing and payment deadlines, along with the deadlines for taking certain other tax-related actions. Generally, deadlines for federal income tax Read More

During the COVID-19 crisis, some key tax deadlines were postponed until July 15, 2020. If your business and/or personal federal income tax return is still awaiting completion, you may have significant retroactive tax-planning flexibility. The Read More

Thanks to a provision included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, your business can defer paying certain federal payroll taxes. This privilege applies to the employer's 6.2% share of the Social Read More

The novel coronavirus (COVID-19) pandemic has caused many businesses to temporarily shut down or scale back operations. Slowly, states are allowing businesses to reopen to the public. But it may be too late for some Read More