In this article, we wanted to take the time to go through the main aspects of this legislation that will impact taxpayers and businesses most going into the 2020 tax reporting season.
Recent budgetary increases at the IRS signal an effort to restore and increase the agency's enforcement.
The two major party candidates have vastly different tax proposals, with one keeping things as we know it from the recent tax law changes and the other wanting to change the approach taken since the Tax Cuts and Jobs Act (TCJA).
Chapman Hext & Company, P.C., a leading provider of financial services with industry expertise, today named Joseph M. Gordian Director of Business Development.
Recent updates to the CARES Act are geared towards many of the borrowers’ expressed concerns regarding problematic deadlines, rehiring parameters, and scalability of the awarded PPP loans.
A controversial position taken by the IRS regarding the forgiveness of PPP loans has caused intense reactions from many bipartisan congressional leaders and taxpayers alike.
In times of volatile markets, the best move of all for long-term investors is often no move at all.
Several types of programs have come out in the recent weeks to support small businesses, including direct disaster loan programs for businesses, to assist their recovery and to access capital.
In an effort to keep everyone as well informed as possible we are providing a brief update on some of the most recent developments.
The IRS has extended the tax deadline for 90 days, and will waive interest and penalty charges.
