by Franskoviak Tax Solutions | Mar 27, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Government, Important Tax Dates, IRS Tax Deadlines, Small Business, Tax Deadlines, tax planning, Tax Season, Uncategorized
Stimulus – Cares Act Package Senate Bill S. 3548 Cares Act, which stands for” Coronavirus Aid Relief and Economic Security Act”. As we speak the bill has passed the senate and is awaiting passage in the House of Representatives. Below I have... 
by Franskoviak Tax Solutions | Mar 26, 2020 | Coronavirus, COVID19, Franskoviak News, Government, Important Tax Dates, IRS Tax Collection, IRS Tax Deadlines, Tax Deadlines
Now that the tax payment and filing date has been officially extended to July 15th in response to the COVID-19 emergency, you may have questions. Below are some answers to frequently asked questions. Q1. Who is eligible for relief? Any person with a federal... 
by Franskoviak Tax Solutions | Mar 21, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Government, Important Tax Dates, IRS, IRS Tax Deadlines, Small Business, Tax Deadlines
Trump Moves Tax Day to July 15 Because of Coronavirus Earlier today Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus... 
by Franskoviak Tax Solutions | Mar 19, 2020 | C Corporation, Coronavirus, current events, Franskoviak News, Important Tax Dates, IRS Tax Deadlines, Small Business, Tax Deadlines, Tax Season, taxes
Recent announcement by Michigan Department Treasury is that penalties and interest will be waived for 30 days for some Sales, Use and Withholding Tax filers. Businesses that have experienced disrupted operations due to the COVID-19 pandemic now have additional time to... 
by Franskoviak Tax Solutions | Mar 19, 2020 | Coronavirus, COVID19, current events, Franskoviak News, Important Tax Dates, Information, IRS Tax Deadlines, Small Business, Tax Deadlines, tax filing, Tax Season
In a press briefing Tuesday morning, US Treasury Secretary Steven Mnuchin said that individual taxpayers who owe up to a million dollars in federal taxes to IRS can defer paying until July 15, while corporations can defer up to $10 million. “All you have to do is file... 
by Franskoviak Tax Solutions | Mar 13, 2020 | C Corporation, Coronavirus, current events, Franskoviak News, Government, Important Tax Dates, Information, IRS Tax Collection, IRS Tax Deadlines, tax deductions, Tax Season
Crazy and hysterical is how I would describe it as I sit here and watch the financial markets go into a complete meltdown. I wonder how can an influenza virus that was just identified less than 3 months ago, cause such worldwide panic to our financial systems and... 
