by Steve Perry | Aug 14, 2020 | CARES Act, Tax Planning, Tax Preparation
One of the most talked about of the four documents describes the deferral of payroll taxes otherwise known as the employment tax. This tax is imposed under the Federal Insurance Contributions Act (FICA). This tax has two components. The 6.2% Social...
by Steve Perry | Jul 31, 2020 | CARES Act, Representation, Tax Planning, Tax Preparation
After several months of the IRS being closed for all except the most mission critical functions, the service is open again, at least in part. Many taxpayers have received computer generated letters mailed after the due date. Others who have tax problems,...
by Steve Perry | May 8, 2020 | CARES Act, Tax Planning, Tax Preparation
The Federal Government has taken many steps to help businesses weakened by the COVID-19 pandemic. Some of their efforts are well known because stories about government loans and grants are easier to report and more interesting than the harder to understand...