IRS Collection Activities During COVID-19
On Monday, March 30th, the IRS began to implement actions to pause collection activities for many taxpayers to help alleviate economic pressures due to the current COVID-19 related crisis.
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Job Retention Scheme
The aim of the scheme is to help employers who have taken a financial hit to their business as a result of Covid-19 and cannot afford to pay employee salaries.
Self-employment Income Support Scheme
This new scheme has been set up by the government to provide support for those who are self-employed, either as a sole trader or a partner in a partnership.
Companies House – Statutory Accounts filing extension
If your accounts will be late because your company is affected by COVID-19, and your filing deadline has not yet passed, you can apply for an automatic and immediate 3 month extension to file your accounts.
CARES Act: Relief for Businesses
Please click here for a detailed listing of the key features, eligibility requirements and application details of relief resources provided by the CARES Act
Advanced Payment of Employer Credits Due to COVID-19
On March 31, 2020, the Treasury Department and the IRS issued IR-2020-62. This notice describes the procedure for obtaining advanced payment of the Employee Retention Credit under the CARES Act
Small Business Paycheck Protection Program – Applications Open April 3
Small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans under the Federal Paycheck Protection Program beginning April 3.
RMD Deferrals Aren’t Retroactive. We Answer Your Questions About the Cares Act
The CARES Act suspended required minimum distributions from 401(k) and 403(b) and individual retirement accounts. How does this provision affect those who have already taken a 2020
Finding the Silver Lining During and After Times of Crisis
There is no sugarcoating the fact that the coronavirus pandemic is affecting everyone in our country. Businesses that require face-to-face interaction with customers, from restaurants to dentists to theatre companies, are being shut down.
Billboard’s Top Business Managers 2020 List
Congratulations to Joseph Callaghan, Bruce Kolbrenner, Thomas Smith, and Simon Winters for being included in Billboard's Top Business Managers 2020 List. Thank You for being part of our team and for all your hard work. Click here to read the full article