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Economic Impact Payments: What You Need To Know
The Treasury Department and the Internal Revenue Service have announced that distribution of economic impact payments will begin in the next three weeks and will […]
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Department of Treasury Releases PPP Loan Application and Information
The Department of Treasury has released the Paycheck Protection Program application and supplemental information, all available on their website. We strongly recommend small businesses with […]
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Unemployment Benefits in the Stimulus Bill
Unemployment benefits for impacted workers have now been addressed in both the Families First Coronavirus Response Act and the Coronavirus Aid Relief and Economic Security […]
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Coronavirus Stimulus Package: How does the stimulus bill support small businesses?
The bill contains several provisions to help small businesses: A $350 billion forgivable loan program designed to ensure that small businesses do not lay off […]
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Coronavirus Stimulus Package: Impacts on Retirement Accounts and Charitable Giving
Retirement Accounts Which retirement account rules would be suspended? For the calendar year 2020, no one would have to take a required minimum distribution from […]
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U.S. Department of Labor Issues Guidance for the Families First Coronavirus Response Act
The U.S. Department of Labor’s Wage and Hour Division (WHD) has issued its first round of published guidance to provide information to employees and employers […]
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Alabama Governor Ivey orders closing of nonessential businesses
Gov. Kay Ivey is ordering several types of “nonessential” businesses to be closed until April 17 as the state expands its efforts to stem the […]
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IRS Corona Virus News
In response to the national emergency and to protect our employees, America’s taxpayers, communities and our partners, the IRS has temporarily closed all Taxpayer Assistance […]
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Local Government Office Updates
Walton County, Florida: The tax collector’s office is encouraging all customers to complete their transactions online rather than in person. The clerk of court has a […]
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Families First Coronavirus Response Act Paid Leave Benefits
On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act, The bill provides new employee leave benefits, including instituting paid […]
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Tax Payment Deadline Delayed by 90 Days
On March 17, 2020, Treasury Secretary Steven Mnuchin announced that taxpayers will get a three-month extension to the income taxes they owe for 2019 on […]
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Florida Lowers Sales Tax on Commercial Rentals and Leases Again
As of January 1, 2020, the sales tax on commercial rentals, leases, and licenses to use commercial real property in Florida was lowered again; this […]
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