IRS Issues Revenue Ruling on Deductions Related to PPP Loan Forgiveness
The IRS has issued Revenue Ruling 2020-27, which sets forth the IRS’s position on the timing of the disallowance of deductions related to Paycheck Protection
The IRS has issued Revenue Ruling 2020-27, which sets forth the IRS’s position on the timing of the disallowance of deductions related to Paycheck Protection
Update as of November 4, 2020: The IRS has provided reporting instructions for employers who have begun deferring the employee portion of Social Security tax
Tax planning for year-end 2020 will occur under very unique circumstances. COVID-19 has had an economic impact on all walks of life and industry sectors,
The Internal Revenue Service issued an official notice back in May, which allowed employers anticipating a refundable credit for qualified sick and family leave or
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs
The IRS has issued Revenue Ruling 2020-27, which sets forth the IRS’s position on the timing of the disallowance of deductions related to Paycheck Protection
Update as of November 4, 2020: The IRS has provided reporting instructions for employers who have begun deferring the employee portion of Social Security tax
Tax planning for year-end 2020 will occur under very unique circumstances. COVID-19 has had an economic impact on all walks of life and industry sectors,
The Internal Revenue Service issued an official notice back in May, which allowed employers anticipating a refundable credit for qualified sick and family leave or
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs