2020 Deficits and Potential Payroll Tax Holiday
California Health Insurance Penalty:
https://www.coveredca.com/individuals-and-families/getting-covered/penalty-and-exemptions/
Guidance addresses deductibility of expenses related to Paycheck Protection Program loans:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200501_1.pdf
$3.7 Trillion Deficit:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200501_3.pdf
Fewer People filed by April 15th:
https://www.cpapracticeadvisor.com/tax-compliance/news/21135618/21-million-taxpayers-delayed-filing-past-april-15
Payroll Tax Holiday
https://www.washingtonexaminer.com/news/white-house-strongly-considering-demand-to-include-payroll-tax-cuts-in-next-relief-package
Why You Should File Your 2019 Tax Returns ASAP!
Why You Should File Your 2019 Tax Returns ASAP? Many individuals, couples, and businesses are putting off filing their 2019 tax returns because; they can. Others, because they qualify for stimulus checks in 2018 but not 2019; it’s not 100% clear yet that this is a good idea. Either way, April 15th and many other…
COVID – 19 Relief Status Update 04.06.20
‘Phase 4’ stimulus wish lists floated
https://ne…
Corona Virus Relief (CARES ACT)
Today we’re talking all about the Corona Virus Re…
Economic Impact Payments: What you need to know?
No action needed by most people at this time! IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others…