by Brian Hare, CPA, CGMA | Apr 11, 2020 | COVID-19
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides roughly $2 trillion of much-needed financial relief, including tax relief, to individuals and businesses. This relief is in response to the coronavirus (COVID-19) pandemic. One CARES Act provision...
by Brian Hare, CPA, CGMA | Apr 11, 2020 | COVID-19
Due to the coronavirus (COVID-19) pandemic, employers are now faced with many challenges with their workforces, including responding to changes in employee benefits programs, such as DCAP elections. In response, they have many questions. Here’s one question from...
by Brian Hare, CPA, CGMA | Apr 6, 2020 | COVID-19
Disclaimer: The information available to us is changing rapidly & key questions remain about how to implement the Paycheck Protection Program. Although the information below is provided based on our best judgement about what we know at this time, portions could...
by Brian Hare, CPA, CGMA | Mar 20, 2020 | COVID-19
The IRS has provided federal income tax relief for any person with a federal income tax payment due April 15th. Background: The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the...
by Brian Hare, CPA, CGMA | Mar 20, 2020 | COVID-19
Tax Penalty Relief: Small businesses in Michigan scheduled to make their monthly sales, use and withholding tax payments on March 20 can postpone filing and payment requirements until April 20. All tax penalties are waived for 30 days, including interest. Click here...