IRS Moving Tax Day to July 15 from April 15

Treasury Secretary Steven Mnuchin announced in a tweet “We are moving Tax Day from April 15 to July 15.  All taxpayers and businesses will have additional time to file and make payments without interest or penalties.” In guidance issued earlier in the week, only payments (including the 1st quarter estimate payment) were included in the…

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Coronavirus Aid Bill

While the Coronavirus Aid Bill signed on Wednesday addresses and funds many items, including Healthcare, Nutrition, and Testing, the focus on this summary is the tax related matters that may impact you and your employees.  If you are experiencing any of the items below we will assist  you with claiming the payroll tax credits and…

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