by Sarah Boehle Pool | Apr 20, 2020 | Latest News
Relief from not making employment tax deposits due to COVID-19 tax credits The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to the refundable tax credits provided under two laws passed in...
by Sarah Boehle Pool | Apr 16, 2020 | Latest News
What are the key distinctions between layoffs and furloughs? As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether to downsize their workforces to lower payroll costs and stabilize...
by Sarah Boehle Pool | Apr 9, 2020 | Latest News
Just launched: The SBA’s Paycheck Protection Program To stem the tide of joblessness caused by the coronavirus (COVID-19) outbreak, the Small Business Administration (SBA) has officially launched the Paycheck Protection Program (PPP). The program’s stated objective is...
by Sarah Boehle Pool | Apr 8, 2020 | Latest News
CARES ACT changes retirement plan and charitable contribution rules As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some of the recent tax changes that were part of a tax...
by Sarah Boehle Pool | Apr 7, 2020 | Latest News
Answers to questions about the CARES Act employee retention tax credit The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50% of wages paid by eligible employers to certain employees during the...