News
“Qualified improvement property” aided by CARES Act
Coronavirus law contains tax rules changes for improvements to interior parts of nonresidential buildings known as qualified improvement property (QIP).
Happy Earth Day and Administrative Professionals Day!
We hope everyone can take time today to appreciate the sunny skies and beautiful weather as we all Stay Home in the current world we live in.
Employment Tax Deposit Relief Due to COVID-19
The IRS has reissued 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 response to the Coronavirus (COVID-19) pandemic.
The IRS Issues Answers to Frequently Asked 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 [...]
Current Expected Credit Loss (CECL) Reporting Delayed by CARES Act
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, the new law [...]
Retirement Changes Due to the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) 1. Does the CARES Act contain special rules that affect qualified retirement plans? Yes, [...]
