by briesterer | Apr 27, 2020 | Auditing
On April 21, the Senate passed legislation that would allow for an additional $320 billion for the Small Business Administration Paycheck Protection (PPP) Program. As it stands, $60 billion of new Small Business Administration Paycheck Protection Loans would be given...
by briesterer | Apr 26, 2020 | Tax & Accounting
The Internal Revenue Service urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft. “We urge people to take extra care during this...
by briesterer | Mar 27, 2020 | Technology
According to the cisa.gov website, the Cybersecurity and Infrastructure Security Agency (CISA) has been monitoring the evolving Coronavirus, also known as COVID-19 situation closely. They have been taking part in interagency and industry coordination calls, and...
by briesterer | Mar 27, 2020 | Tax & Accounting
In FAQs posted on March 23, 2020, the IRS answered many of the questions regarding the July 15 filing and payment extension announced in IRS Notice 2020-18. Note the following highlights: Filing and payment extension is only available for the following returns: Form...
by briesterer | Mar 27, 2020 | Tax & Accounting
Congressional and Administration negotiators reached agreement on the Phase 3 COVID-19 economic stimulus bill early Wednesday morning and just released the legislative text this hour. The Senate and House hope to pass the $2 trillion legislation as quickly as...
