Employers Can Defer Payroll Taxes
One of the benefits included in the COVID-19 epidemic stimulus package is the ability for an employer to defer payment of the employer’s share of certain federal payroll taxes.
Working from Home During the COVID-19 Outbreak? It Probably Won’t Save You Much on Your Taxes
In this strange and disorienting period of isolation due to the COVID-19 pandemic, many workers who’ve been told to work from home are wondering whether they’ll be eligible for that additional tax benefit.
Employee Retention Credit Pays for Keeping Employees on Payroll
Businessowners must carefully consider which tax benefit or combination of tax benefits works best for their particular set of circumstances, particularly the choice between the retention credit and the SBA paycheck protection loans, since a business cannot qualify for both.
CARES Act: Deferral of, Changes to, Limits on Excess Business Losses
We explain the CARES Act’s retroactive postponement of, and changes to, the limits on excess business losses.
Congress Provides Sick Leave and Child Care Leave Benefits for Employees
The federal government is providing sick leave benefits and child care leave benefits to affected taxpayers whose employers have fewer than 500 employees.
What the April 15 Tax Filing Deadline Extension Means to You
We outline the specifics of the April 15 filing deadline extension.
Families First Coronavirus Response Act: What Employers Need to Know
This Act makes significant changes to previously existing rules regarding both the Family Medical Leave Act (FMLA) and Emergency Paid Sick Leave.
It’s Not Fair
The “Money Talks” experts discuss the PPP loan process, the Fed’s actions buying high-yield municipals and corporate bonds, and a setting a precedent for future bailouts.
What Does the $2 Trillion Stimulus Package Mean for You?
The passage of the $2 trillion coronavirus pandemic stimulus package includes many tax and financial breaks for both individuals and businesses.
With RMDs Suspended for 2020, Should We Take Some Gains?
While we would all love a tax break now, maybe in the long term it would be better if we were to take advantage of this situation and clear out of some of those large gains.