by DunlapSLK | Aug 31, 2020 | Resources For Employers, Resources For Individual Taxpayers
Late Friday, the IRS issued Notice 2020-65 entitled Relief with Respect to Employment Tax Deadlines Applicable to Employers Affected by the Ongoing Coronavirus (COVID-19) Disease 2019 Pandemic. This Notice provides guidance to employers on how to implement the...
by DunlapSLK | Aug 26, 2020 | Resources For Individual Taxpayers, Uncategorized
It’s hard to believe we are already over half-way through 2020. Challenged with the COVID-19 crisis we have faced the unexpected, unanticipated, and unimaginable. Navigating this pandemic has caused us all to think differently and more strategically about all aspects...
by DunlapSLK | Aug 26, 2020 | Resources For Individual Taxpayers
You may recall the CARES Act suspended RMDs for 2020. The IRS reminds taxpayers who took RMDs at any point in 2020 prior to the passage of the CARES Act that you may roll the funds back into your IRA by August 31, 2020, as the normal 60-day window for these rollovers...
by DunlapSLK | Aug 26, 2020 | Resources For Employers
NEW Paycheck Protection Program (PPP) Loan Forgiveness Guidance A new interim final rule was released last night addressing several issues related to the qualification of certain expenses for PPP loan forgiveness. The first provision of the new rule provides that the...
by DunlapSLK | Aug 21, 2020 | Resources For Employers, Resources For Individual Taxpayers
Did you receive a notice from the IRS advising you that you owe money for your 2019 tax return? Had you already paid the amount being requested? Unfortunately you are not alone. The IRS is currently working through an enormous backlog of mail due to the Coronavirus...
