Tax

The IRS has issued two FAQs regarding the taxation of payments and loans from the Coronavirus Relief Fund (Fund) that was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

California has not adopted many of the pandemic-related tax provisions of either the Coronavirus Aid, Relief, and Economic Security (CARES) Act, or the Families First Coronavirus Response Act

Could it be the “last call” for making gifts under historically high estate and gift tax exclusion amounts

As businesses respond to the COVID crisis, a major concern is having enough funds to support continued employee training and development

The IRS has previously released procedures for claiming refunds on biodiesel and alternative fuel tax credits

The Treasury Department and Small Business Administration (SBA) recently issued new Paycheck Protection Program (PPP) guidelines

The IRS has extended, through December 31, 2020, the period during which it will accept digital signatures and emailed documents

The IRS has added Hyundai Motor America's 2020 IONIQ Plug-in Hybrid and 2020 Kona Electric to the list of vehicles, on its website, that are eligible for the plug-in electric drive motor vehicle credit

The IRS has issued the depreciation limits for business passenger automobiles placed in service by the taxpayer in 2020