Mar 18, 2021 | Firm Overview Articles, Business & Corporate Law News
The Internal Revenue Service moved the April 15th tax filing and payment deadline approximately one month to May 17th. This gives taxpayers additional time to file their 2020 individual tax returns and pay any amounts owed to the IRS. The IRS says it will issue formal...
Jun 24, 2020 | Firm Overview Articles, Business & Corporate Law News, Employee Benefits & ERISA News
The CARES Act, passed by Congress and signed into law by the President to provide coronavirus-related relief, temporarily modified certain distribution and loan rules that apply to employee retirement plans. The goal of these changes is to provide “qualified...
May 1, 2020 | Firm Overview Articles, Business & Corporate Law News
On April 30, 2020, the IRS released IRS Notice 2020-32 addressing the deductibility of expenses for which a Paycheck Protection Program (PPP) loan borrower is granted PPP loan forgiveness. For the eight week period after the disbursement of a PPP loan, a borrower can...
Mar 20, 2020 | Firm Overview Articles
The IRS announced that individuals and businesses may postpone federal income tax payments due April 15, 2020, until July 15, 2020, but the extension does not apply to the filing of federal tax returns. In response to the President’s declaration of a national...
