IRS Announcement Families First and IRS Enforcement Activities In response to COVID the federal government has been making almost daily announcements with new essential information that is useful to taxpayers, we will try and keep you informed as it...
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...
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...
Michigan Treasury Allowing 30 Day Delay for Some Businesses Paying Sales Tax, Use Tax & Withholding Tax Recent announcement by Michigan Department Treasury is that penalties and interest will be waived for 30 days for some Sales, Use and Withholding Tax...
Tax Due Dates Change – April 15th Payments Are Now Deferred Until July 15th 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...
Ahh, payroll. The bane of all budding entrepreneurs, payroll is no simple task to manage. Most companies that don’t yet have a dedicated accounting team to handle payroll will hire a CPA or an outsourced payroll service in order to get the job done without any...
