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This article was updated 4/1/20 to clarify that payments to independent contractors are not included in calculation of payroll costs per guidance from the Senate Committee on Small Business & Entrepreneurship. ... Continue Reading
As indicated in our previous publication, Coronavirus Aid, Relief and Economic Securities (CARES) Act, the $2.2 trillion bill is complex legislation affecting nearly all taxpayers and many businesses. Expanding on... Continue Reading
In an effort to stabilize the economy, the President signed the most expensive piece of legislation ever passed - the CARES Act. This Act will affect nearly every taxpayer and many businesses. The CARES Act looks to... Continue Reading
The Department of Labor has issued guidance on the Families First Coronavirus Response Act (FFCRA). The guidance delves deeper into eligibility for paid sick leave and paid expanded family and medical leave resulting... Continue Reading
In his March 23, 2020 address to Georgians, Governor Brian Kemp announced that Georgia's tax filing deadline will be extended to July 15, 2020. This falls in line with the new federal tax filing deadline. More... Continue Reading
The Treasury Department has announced further tax relief for taxpayers superseding the previous announcement. For federal tax purposes the due date for filing federal income tax returns and making federal income tax... Continue Reading
As the COVID-19 situation is continuously evolving, some states are implementing changes to their state tax filing guidelines in an effort to provide relief to taxpayers. The guidelines vary per state and may change... Continue Reading
The U.S. Small Business Administration has just approved disaster relief loans for Georgia and several other states. Small business owners in the following states are currently eligible to apply for a low-interest... Continue Reading
On Wednesday, President Trump signed into law The Families First Coronavirus Response Act which includes multiple provisions including paid emergency leave. Below are key highlights of the legislation:EMERGENCY PAID... Continue Reading
