On April 9, 2020, the Internal Revenue Service (IRS) issued Notice 2020-23, which amplifies previous notices providing taxpayer relief due to the coronavirus pandemic. Notice 2020-23 expanded the defined “affected taxpayer” to those performing a time-sensitive action. Effective April 14, 2020, relief is now provided to filing any form, including Form 990-series annual information ... Read More ›
On April 9, 2020, the Internal Revenue Service (IRS) issued Notice 2020-23, which amplifies previous notices providing taxpayer relief due to the coronavirus pandemic. Notice 2020-23 expanded the defined “affected taxpayer” to those performing a time-sensitive action. Relief is provided to filing any form, including Form 5500, Annual Return/Report of Employee Benefit Plan, due ... Read More ›
In addition to an employee retention credit and advance payment of payroll credits for employee paid sick and family leave, the CARES Act also provides for extra time to pay certain payroll taxes.
Employers and self-employed individuals may defer payment of all (in the case of employers) or half (in the case of self-employed individuals) of ... Read More ›