The Internal Revenue Service today released Notice 2020-50 (PDF) to help retirement plan participants affected by the COVID-19 coronavirus take advantage of the CARES Act provisions providing enhanced access to plan distributions and plan loans
Read MoreThe CARES Act has provided some help for people with student loans. And if you do make some payments this year, you may be able to deduct the interest on your tax return. Here are the rules.
Read MoreAs businesses prepare to open their doors and employees begin returning to work, stopping the spread of COVID-19 and employee safety remains top priority.
Read MoreHere are some tax strategies to think about during the coronavirus pandemic
Read MoreQuestions? The IRS is regularly updating the Economic Impact Payment and the Get My Payment tool frequently asked questions pages on IRS.gov
Read MoreRetaining employees and maintaining payroll has become difficult for many small businesses across the country. The SBA’s Payroll Protection Program offers relief for some.
Read MoreScammers are taking advantage of fears surrounding the Coronavirus
Read MoreThe tax agency has confirmed that 2019 tax year contributions to individual retirement arrangements (IRAs) and health savings accounts (HSAs) can be made as late July 15
Read MoreHere are three of the highlights from the IRS actions announced this week.
Read MoreAfter extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has been reached on a massive stimulus bill to address the financial and health care crisis resulting from the coronavirus (COVID-19) pandemic.
Read MoreTaxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic.
Read MoreEvery company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources — human, capital and otherwise — are limited. If this describes your company, one place you can look to for some assistance is the Small Business Administration (SBA).
Read MoreThe 2019 filing and tax payment deadline for both IRS and FTB is now automatically extended to 7/15/20.
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