08
Jul
Not everyone is required to file a tax return. But as the deadline to file for 2019 approaches (July 15), it may pay to file anyway. Here are reminders from the IRS: You may...
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Posts by cgadmin
08
Jul
The COVID-19 crisis is affecting not only the way many businesses operate, but also how they assess productivity. How can you tell whether you’re getting enough done when so much has changed? There’s no...
08
Jul
The tax filing deadline for 2019 tax returns has been extended until July 15 this year, due to the COVID-19 pandemic. After your 2019 tax return has been successfully filed with the IRS, there...
07
Jul
Are you required to make payments to the IRS? If so, don’t overlook the due date of July 10, 2020. In June, the IRS posted a message on its “Mission-critical functions” website that it...
07
Jul
On July 4, President Trump signed a bill that gives businesses more time to seek federally backed loans. It extends the Paycheck Protection Program (PPP) loan application date to Aug. 8, 2020. The PPP...
06
Jul
The IRS recently announced special tax relief for leave-based donation programs set up by employers to aid those directly affected by the COVID-19 pandemic. Under such programs, an employer can allow its employees to...
06
Jul
With the July 15 federal tax filing and payment deadline fast approaching, as part of its People First Initiative, the IRS has posted answers to FAQs on tax balances due and payment options. One...
03
Jul
The CARES Act was enacted in an attempt to mitigate the economic effects of the COVID-19 pandemic. Among other things, it extends favorable tax treatment to qualified individuals who take so-called “coronavirus-related distributions” (CRDs)...
02
Jul
The IRS has announced that the July 15 income tax filing and payment deadline WON’T be postponed. Taxpayers who need more time to file their federal income tax return can get an extension until...
02
Jul
The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according to a new report. These are the payments being sent to eligible individuals in...