This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support…
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Reporting the New Employee Retention Credit: Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a refundable payroll tax credit is available for 50% of qualified wages paid…
INTERIM FINAL RULES – PAYCHECK PROTECTION PROGRAM LOANS Frequently Asked Questions (FAQs) The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional…
Learning valuable lessons from the current crisis is vital and we have an immense opportunity to make ourselves and our organizations stronger, more influential and more effective. Brought to you…
Changes to NOL rules under IRC Section 172(a) The CARES Act temporarily suspends the 80% taxable income limitation on the use of a net operating loss (NOL) to offset taxable…
What Is Cash Flow Planning? In simple terms, “cash flow” refers to all forms of cash and assets that come and go from anyone. Companies value cash flow because it…
SWOT Analytics: What It Is and When to Use It A SWOT analysis is a compilation of your company’s strengths, weaknesses, opportunities and threats. The primary objective of a SWOT…
Individuals would be due up to $1,200 and couples would receive up to $2,400 — plus $500 per child. But the payments would start phasing out for individuals with adjusted…
Here’s a breakdown of the major provisions small businesses included in Congress’ aid package: As more information becomes available we will update this information accordingly. An emergency grant of up to…
IRS FAQs answer filing, payment postponement questions IRS website – Filing and Payment Deadlines Questions and Answers In a series of frequently asked questions (FAQs) on its website, IRS has…