Answers to questions you may have about Economic Impact Payments


As the Economic Impact Payments (EIPs) continue to go out, the IRS has released information about why you might not have gotten a payment. There’s also a new tool to check the status of your EIP.

Tags: tax

New COVID-19 law makes favorable changes to “qualified improvement property”


A drafting error by Congress meant that some improvements to interior parts of nonresidential buildings had to be deducted over 39 years. But a new law that provides COVID-19 relief fixes the error and may result in revenue for eligible businesses.

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COVID-19: IRS announces more relief and details


Expecting an Economic Impact Payment from the IRS? The tax agency has made a few new announcements about the financial relief the government is providing.

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Relief from not making employment tax deposits due to COVID-19 tax credits


The coronavirus (COVID-19) crisis has resulted in unprecedented challenges for employers. Here are the details of some relief from the federal government.

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CARES ACT changes retirement plan and charitable contribution rules


During the COVID-19 crisis, many people and charitable organizations need cash. The new CARES Act may provide some solutions.

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Answers to questions about the CARES Act employee retention tax credit


As a business with employees, you may have questions about the new employee retention tax credit. Here are some answers.

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Paycheck Protection Program


The Department of Treasury has released the Paycheck Protection Program application. 

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Cash payments and tax relief for individuals in new law


You’ve probably heard about the cash payments the government is sending out due to the coronavirus (COVID-19) pandemic. Do you qualify?

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The new COVID-19 law provides businesses with more relief


Another coronavirus (COVID-19) law has been enacted and it provides some relief to businesses and employers that are suffering. This article provides some highlights.

Tags: tax