Taxes

July 21, 2020 

Business owners, especially restaurants and bars, should anticipate a sales tax audit if they are implementing Covid-related fees.

July 16, 2020 

The sudden shift to remote work for many corporations in response to Covid-19 may lead to costly compliance burdens as 36 state tax departments indicate that having just one employee telecommuting from their state will create nexus for ...

July 14, 2020 

Due to the coronavirus pandemic, taxpayers have until the postponed due date of July 15, 2020, to file their taxes this year. But if they can't make this deadline, they can receive an extension that gives taxpayers until Oct. 15 to file, but taxes owed ..

July 14, 2020 

A general guideline based on IRS information and data from previous years, to help taxpayers estimate when they might receive their refund. We've updated our calendar this year to show estimated refund dates for those who filed later than ...

July 9, 2020 

The U.S. Supreme Court has ruled that President Donald Trump is not automatically immune from investigations into his income tax returns but stopped short of requiring the release of his tax returns.

July 6, 2020 

McConnell said he’s “pretty sure” that a bill will come together in the next couple of weeks. He said it will be crafted in his office with consultation from the administration and then negotiated with Democrats, who endorsed a ...

July 6, 2020 

McConnell said he’s “pretty sure” that a bill will come together in the next couple of weeks. He said it will be crafted in his office with consultation from the administration and then negotiated with Democrats, who endorsed a $3.5 trillion package ...

July 6, 2020 

President Trump has signed into law an extension of the Paycheck Protection Program.

July 1, 2020 

Some of the hardest hit states include California (-$1.9 billion), New York (-$ 1.3 billion), Florida (-$ 1.3 billion), Nevada (-$1.1 billion) and Texas (-$940 million). These tax impacts represent the direct tax revenue decrease from the severe drop ...

June 30, 2020 

The IRS has announced the tax filing and payment deadline of July 15 will not be postponed. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15.

June 26, 2020 

The current allowable DTC rules for distilleries (8 states), breweries (10 states), and retailers (16 states) are substantially different than those for wineries (46) states. Whereas wineries can ship directly to 97% of the U.S. population, ...

June 26, 2020 

The program is set to close on June 30, so there are only a few days left in the program. With billions of dollars still available, this is a unique opportunity for small businesses to access funding that has the opportunity to be completely forgiven.