New information continues to unfold as Congress provides clarity on several aspects of the economic impact payments and discusses a potential second round of stimulus checks. IRS Notice 1444 Under the CARES Act, the IRS deposited or mailed the first … Continue reading
Category Archives: Current Events
28 September 2020
5 New Updates on Economic Impact Payments
5 September 2020
Tax Consequences of COVID-19 Surcharges
Many service businesses are adding surcharges to customers’ bills as a way to make up for lost income during the current economic financial crisis. Business owners are going out of their way to enhance safety measures and make customers feel … Continue reading
3 August 2020
What Small Businesses Need to Know About PPP Loans
As borrowers face deadlines and near the end of covered loan periods, many questions are being asked about PPP loan requirements and forgiveness eligibility. There’s still much-needed clarification awaited by the U.S. Small Business Administration (SBA), but here’s an up-to-date rundown … Continue reading
The Internal Revenue Service has been distributing Economic Impact Payments to taxpayers across the nation since April. If you’re still waiting, you may be getting a Visa debit card instead of a check in the mail. Over the past few … Continue reading
| < NEWER | 2 of 6 | OLDER > |