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Apr 03

Paycheck Protection Program COVID-19 Relief Window Is Open for Business as of April 3

Small and mid-size businesses needing economic relief to help tide them over during the novel coronavirus (“COVID-19”) pandemic may start applying for federally-backed loans on Friday, April 3, 2020. The loans are designed to shoulder employment costs over the next two months and subject to… Read More

Mar 25

IRS Explains Coronavirus (COVID-19) Business Payroll Tax Credits

Implementing the business tax relief provisions of the Families First Coronavirus Response Act, signed March 18, 2020 by President Donald Trump, the Internal Revenue Service (“IRS”) announced in a Release that while further guidance would be forthcoming, small, and midsize employers as well as self-employed… Read More

Mar 23

IRS Responds to Coronavirus (COVID-19) by Moving Tax Day to July 15

Superseding earlier guidance to taxpayers, the Internal Revenue Service (IRS) announced in a Notice that anyone facing income tax filing and payment deadlines of April 15 – popularly known as “Tax Day” – may now defer filing their income tax returns and paying their income… Read More

Mar 19

Citing Coronavirus (COVID-19), Treasury Defers April 15 Tax Day

Citing President Donald Trump’s declaration of a national emergency due to the novel coronavirus (COVID-19) pandemic, the Treasury Department in a Notice officially extended by 90 days the April 15 deadline many taxpayers have to pay federal income tax. The March 18, 2020 notice applies… Read More

Mar 17

Coronavirus (COVID-19) Spurs Tax Payment Delay for Millions of Taxpayers

Treasury Secretary Steven Mnuchin announced Tuesday, March 17, 2020, that due to the novel coronavirus (COVID-19) pandemic, his department would be providing a 90-day extension to the April 15 deadline for the payment of many individuals’ and some businesses’ income taxes. Speaking at a news… Read More

Mar 17

Keep, Scan, Recycle or Shred? A Practical Guide to Reducing Clutter for Those “Working From Home” During the COVID-19 Pandemic

Ok, so you’ve streamed everything you’ve had on your “to watch” list.  You’re caught up on your reading.  You figure you’ll do the deep clean you’ve always dreamed of and have just finished the attic and even under the kitchen sink.  Your hangers and paper… Read More

Mar 13

Estate Planning Considerations During the Coronavirus (COVID-19) Pandemic

The coronavirus pandemic has directed our attention to a variety of issues such as hand-washing, social distancing, doorknob avoidance, working or attending class remotely, childcare and care for the elderly … but not so much to estate planning. That is, no doubt, a good thing.… Read More

Mar 11

Coronavirus (COVID-19) Could Cause Extension in 2019 Tax-Filing Deadline

Treasury Secretary Steven Mnuchin announced that he supports extending the 2019 tax-filing deadline beyond April 15 because of coronavirus-induced economic disruptions. Testifying on Capitol Hill, he told the House Appropriations Committee on March 11 that his recommendation, to be delivered to President Donald Trump, would… Read More

Mar 10

SEC Provides Filing Deadline Extension for Companies Affected by the Coronavirus (COVID-19)

On March 4, 2020, the Securities and Exchange Commission (SEC) issued an Order providing some regulatory relief to publicly traded companies with operations in areas affected by the Coronavirus Disease 2019 (COVID-19). To the extent such companies have certain disclosure filings due between March 1… Read More