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.
We explain the CARES Act’s retroactive postponement of, and changes to, the limits on excess business losses.
The federal government is providing sick leave benefits and child care leave benefits to affected taxpayers whose employers have fewer than 500 employees.
We outline the specifics of the April 15 filing deadline extension.
This Act makes significant changes to previously existing rules regarding both the Family Medical Leave Act (FMLA) and Emergency Paid Sick Leave.
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.
The passage of the $2 trillion coronavirus pandemic stimulus package includes many tax and financial breaks for both individuals and businesses.
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.
Download this helpful overview of the Small Business Relief program under the CARES Act from our friends at Steptoe:
Have an employee with coronavirus? The CARES Act provides for paid sick leave for the employee and tax credits for your expenses.
