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More Business Provisions from the CARES ACT

More Business Provisions from the CARES ACT

More Business Provisions from the CARES ACT   As a follow up to my prior email communications I have further information to share relating to the small business tax relief as part of the recent CARES ACT that passed last Friday.   Payroll Tax Credits – PL...
Coronavirus Stimulus – Cares Act Package

Coronavirus Stimulus – Cares Act Package

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...
Michigan Treasury Allowing 30 Day Delay for Some Businesses Paying Sales Tax, Use Tax & Withholding Tax

Michigan Treasury Allowing 30 Day Delay for Some Businesses Paying Sales Tax, Use Tax & Withholding Tax

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

Tax Due Dates Change – April 15th Payments Are Now Deferred Until July 15th

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...
Trump Orders Tax Payment Delays, Filing Extensions and Payroll Tax Abatement’s Due to Corona-virus Pandemic

Trump Orders Tax Payment Delays, Filing Extensions and Payroll Tax Abatement’s Due to Corona-virus Pandemic

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...

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