You’ve probably heard about the new law that provides direct payments to eligible individuals. But what does the law provide to businesses?
In response to the COVID-19 pandemic, there are several changes to the traditional tax deadlines and new developments that impact you and your business. Below is a summary of the updates occurring at the federal and state level. Federal Developments – Summary Federal income tax filings and payments originally due on April 15, 2020 have[ … ]
On March 18, 2020, the U.S. Senate passed the House Coronavirus Bill (H.R. 6201) in a 90-8 vote. The act has now been signed into law by the President. This is the second of three packages from Congress providing relief due to the Coronavirus outbreak. Congress is currently working on the third package, all of[ … ]