Federal

Families First Coronavirus Response Act – What it Covers

On March 18, 2020, President Trump signed the Families First Coronavirus Response Act (“the Act”) into law. While the legislation has many provisions, there are four key areas that address the unprecedented impact of COVID-19 on our companies, organizations and our workforce: Emergency Family and Medical Leave Expansion Act (EFMLEA) Emergency Paid Sick Leave Act […]

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Coronavirus (COVID-19): Tax relief for small businesses

Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at least some relief. In a separate development, the IRS has issued guidance allowing taxpayers to defer any amount of federal income tax payments due on April 15, 2020, until July 15, 2020, without penalties or […]

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Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed

On Friday, the IRS officially announced that, because of COVID-19, tax returns due April 15 will not have to be filed until July 15 this year. The notice applies to any person with Federal Income tax payment or Federal income tax return due 4/15/2020. The term “person” includes individual, trust, estate, partnership, association, company or […]

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