The Internal Revenue Service (“IRS”) announced late yesterday that the federal income tax filing due date for individuals for the…
The Internal Revenue Service is planning to delay the April 15 tax filing deadline as it grapples with a massive…
A little less than a month ago, the IRS reversed its original position, and stated that businesses can deduct expenses…
Attorney Britany Morrison authored an article entitled “Telecommuting: Tax Implications for Employers & Employees,” which appeared in the State Bar…
Businesses can now deduct expenses paid for with the proceeds of a forgiven Paycheck Protection Program (PPP) loan. The IRS,…
Late Monday, Congress passed a $900 billion COVID-19 relief bill that includes a provision that allows business owners to claim…
Yesterday, the U.S. Treasury Department and Internal Revenue Service released guidance clarifying the tax treatment of expenses funded with forgiven…
Late last week, the Department of Treasury and Small Business Administration (SBA) jointly released a new loan forgiveness application for…
The IRS has reminded taxpayers who filed an extension that the October 15, 2020 due date to file their 2019…
With the economy still struggling, one bright spot remains for those who are willing to make an investment of time…