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 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...
by DunlapSLK | Aug 14, 2020 | Resources For Employers, Resources For Individual Taxpayers
After Congress failed to act with additional economic relief legislation, the President issued four executive orders this past weekend. The most significant order provides for a deferral of payroll taxes. The remaining three orders address increased unemployment...
by DunlapSLK | May 13, 2020 | COVID-19 Tax Update, Resources For Employers, Resources For Individual Taxpayers
In response to the COVID-19 crisis, on Tuesday, May 12 the IRS announced relief for Section 125 cafeteria plans during calendar year 2020, providing increased flexibility for: employer-sponsored health coverage health Flexible Spending Arrangements (health FSAs)...
