After extensive negotiations between the U.S. House of Representatives, the U.S. Senate and the White House, an agreement has been reached on a massive stimulus…
We have been talking about this for quite some time, and it is finally here. Effective for 2019 calendar year-end reporting, private company revenue recognition…
The twin crises of a pandemic and a plunging market have pummeled a lot of businesses — many have already started laying off employees, and…
The Work Opportunity Tax Credit (WOTC) is a Federal income tax credit available to all employers who hire individuals from certain targeted groups, who historically…
The IRS and the U.S. Treasury Department have been making a series of announcements to provide tax relief in the wake of the coronavirus (COVID-19)…
As governments around the globe mobilize to defend their populations from the novel coronavirus (COVID-19), criminals are also mobilizing — to fleece people. These opportunists…
President Trump has signed into law the Families First Coronavirus Response Act. Among other things, the new law temporarily requires certain employers to provide expanded…
U.S. Treasury Department Secretary Steven Mnuchin announced that the 2019 income tax filing deadline will be moved to July 15, 2020 from April 15, 2020,…
UPDATE: U.S. Treasury Secretary Now Says Tax Filing Deadline Is Moved to July 15 The Treasury Department and the Internal Revenue Service are providing special payment…
Several arms of the federal government have taken, or are weighing, significant steps to help the country deal with the spread of the coronavirus (COVID-19)…