“Four score and 7 modifications to the PPP rules ago…” Today, U.S. Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza released
Rev. Proc. 2020-32 provides the 2021 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code. For
The Office of Chief Counsel of the Internal Revenue Service issued Memorandum 201912001 on 03/22/2019 addressing whether health insurance costs of employee family members of
The tax law places limits on the dollar amount of contributions to retirement plans and IRAs and the amount of benefits under a pension plan.
A SEP plan’s definition of employee compensation must satisfy rules for determining the amount of contributions. The amount of compensation taken into account under the plan is
From https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf Question: How will SBA review borrowers’ required good-faith certification concerningthe necessity of their loan request? Answer: When submitting a PPP application, all borrowers must
Read more: https://www.irs.gov/pub/irs-drop/n-20-32.pdf
This article can be found: https://quickbooks.intuit.com/learn-support/en-us/help-articles/how-the-coronavirus-aid-relief-and-economic-security-cares-act/00/541573 Learn about the Employee Retention Credit and deferral of the employer share of Social Security taxes for 2020, as
Learn how your state may change its tax payment and filing deadlines due to COVID-19. In response to COVID-19, some state tax agencies have either
With QuickBooks Desktop Payroll, you can ensure your employees have the money they need, and you comply with the Family First Coronavirus Response Act (FFCRA). Before
With QuickBooks Online Payroll, you can ensure your employees have the money they need inline with the Family First Coronavirus Response Act (FFCRA). Before you can pay
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.