Making Smart Choices from the COVID-19 Tax Relief Options The Paycheck Protection Program (PPP) Increase Act of 2020 adds billions of dollars to the already $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act is a well received gift to individuals and businesses, including meaningful tax relief. The recent …
Making Smart Choices from the COVID-19 Tax Relief Options Read More »
More Relief: Retirement Account Required Minimum Distribution Rules Suspended for 2020 The $2 trillion COVID-19 economic recovery bill finally made it through Congress and was signed into law by President Donald Trump on March 27. The legislation is titled the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). It’s a daunting 880 pages long, …
COVID-19: CARES Act Allows $100,000 Tax-Free IRA Grab and Repay Read More »
COVID-19: Significant Payroll and Self-Employment Tax Relief for Businesses If you own your business or are self-employed, payroll taxes and self-employment taxes are likely two of your biggest tax burdens. As a result of the COVID-19 pandemic, individuals and business all over are suffering. Congress is going into overdrive to help you individually and …
COVID-19: Significant Payroll and Self-Employment Tax Relief for Businesses Read More »
As a result of the COVID-19 pandemic, Congress is doing what it can to help you and your business survive financially. Congress has decided to use the tax law to get cash to those who need it most as quickly as possible. The Corona virus Aid, Relief, and Economic Security Act (CARES Act), just passed …
COVID-19: Important Tax Breaks from the CARES Act Read More »
The COVID-19 pandemic has put a halt to all normal aspects of life around the world, including the world of business here in the U.S. If your business is struggling, like many in the United States are. You may be able to get some help from the federal Small Business Administration (SBA), which is authorized …
COVID-19: New SBA Loans for Small Businesses—Maybe a Great Deal Read More »
