September 1, 2020

IRS Updates September 2020

IRS Website Information Updates The IRS has suspended the mailing of three notices: CP501 CP503 CP504 These notices go to taxpayers who have a balance due […]
August 11, 2020

President Trump August 2020 Executive Order

Executive Memorandum: Payroll Tax Deferral Deferral of the employee portion of Social Security taxes (6.2%) which are payable between September 1st  and December 31st. The order […]
July 1, 2020

PPACA Supreme Court Ruling Update

The United States Supreme Court accepted an appeal by multiple state attorneys regarding the Patient Protection and Affordable Care Act (PPACA) on March 2, 2020. This […]
June 18, 2020

UPDATE! New PPP Regulation

June 18th, 2020 The Treasury has issued more documents in regards to PPP Forgiveness. They issued another Regulation and two new sets of forgiveness applications and […]
June 8, 2020

Additional Relief for Qualified Opportunity Funds

Notice 2020-39 Late last week the IRS issued Notice 2020-39 in order to provide additional relief to Qualified Opportunity Funds and their investors due to COVID-19. […]
June 4, 2020

PPP Flexibility Act

The Senate passed the House version of the “Paycheck Protection Program Flexibility Act of 2020” late last night. It is expected that President Trump will sign […]