Author: Alexis Long

31

March

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IRS Outlines Procedures for Payroll Tax Credits & Rapid Refunds for Employers

FOR IMMEDIATE RELEASE Mark Puckett, CPA info@atacpa.net   IRS OUTLINES PROCEDURES FOR PAYROLL TAX CREDITS AND RAPID REFUNDS FOR EMPLOYERS MAKING FEDERALLY-MANDATED COVID-19 LEAVE PAYMENTS   The federal government is trying to get much-needed cash into the hands of employers and employees affected by COVID-19 as quickly as possible. To do so, it is utilizing … Continued

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31

March

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FEDERAL AID PACKAGE HELPS INDIVIDUALS AFFECTED BY COVID-19

FOR IMMEDIATE RELEASE Mark Puckett, CPA info@atacpa.net   FEDERAL AID PACKAGE HELPS INDIVIDUALS AFFECTED BY COVID-19 The Families First Coronavirus Response Act (H.R. 6201),  became law on March 18, 2020. The Act guarantees free testing for the novel coronavirus (COVID-19), establishes emergency paid sick leave, expands family and medical leave, enhances unemployment insurance, expands food … Continued

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31

March

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PRESIDENT TRUMP SIGNS INTO LAW CARES ACT

FOR IMMEDIATE RELEASE Mark Puckett, CPA info@atacpa.net PRESIDENT TRUMP SIGNS INTO LAW CARES ACT   On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid … Continued

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31

March

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Paycheck Protection Program – CARES Act Small Business Administration Loans

FOR IMMEDIATE RELEASE Mark Puckett, CPA info@atacpa.net   Paycheck Protection Program – CARES Act Small Business Administration Loans (Update) We are releasing an update to our previous email. Due to the changing nature of the loan initiative discussed below, please contact your lender for the most up-to-date information.   (April 1, 2020 | 8:45 p.m.)      The Coronavirus … Continued

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26

March

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IRS Notice 2020-17 has been updated and superseded by Notice 2020-18

Mark Puckett, CPA info@atacpa.net Federal Income Tax Payment and Tax Return Filing Postponement   IRS Notice 2020-17 has been updated and superseded by Notice 2020-18. Notice 2020-18 does two things:  It conforms the PAYMENT postponement with the TAX RETURN FILING postponement. Now, BOTH payments and the related tax returns due April 15th are postponed until … Continued

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