Tax

The Payroll Tax Requirements guide is primarily intended to provide generalized information regarding payroll taxes and employer obligations

After numerous rounds of intense negotiations, on December 21, Congress unanimously approved more than $900 billion in relief funds for households and businesses, along with $1.4 trillion in extension for governmental operational support

Eighty-two organizations, including the AICPA, have recently expressed their concern about PPP loan necessity questionnaires

The health and economic crisis triggered by the COVID-19 pandemic, which has unleashed numerous challenges for organizations, has also opened many opportunities

With the recent passage of Proposition 19, many Californians are wondering how this will impact them

Billions in immediate, temporary tax relief will support businesses impacted by COVID-19, including an automatic three-month extension for taxpayers filing less than $1 million in sales tax and interest-free payment agreements to larger companies with up to $5 million in sales tax and expanded interest-free payment options for larger businesses…

It is an understatement to say that 2020 has been associated with trying times – rapidly increasing unemployment, unprecedented business losses, and fears associated with the COVID-19 pandemic

One of the biggest decisions facing business owners is selling the business

In newly released formal guidance, the IRS has confirmed that taxpayers with a reasonable expectation of Paycheck Protection Program (PPP) loan forgiveness may not deduct expenses paid with those funds, even if the forgiveness has not been granted prior to the end of the taxable year