March 23, 2020
This tax release was updated on April 17, 2020 to include a discussion of the CARES Act technical correction for qualified improvement property. Taxpayers should consider ways to increase cash flow in light of ...
March 23, 2020
Employers can provide employees with tax-free payments to reimburse them for reasonable and necessary personal, family and living expenses as a result of the COVID-19 pandemic. Such payments are fully deductible by the ...
March 24, 2020
IRS issued answers to frequently asked questions (FAQs) arising from the income tax return and income tax payment relief it recently announced (Notice 2020-18) in response to the COVID-19 pandemic. The Notice postpones ...
March 25, 2020
The Senate has voted on and passed the Phase 3 COVID-19 Relief package, which includes a number of significant tax provisions that would affect individuals and businesses. The agreed-upon package reflects many of the ...
March 27, 2020
Congress has passed and the President is expected to sign into law today the Phase 3 COVID-19 Relief package known as the CARES Act, which includes a number of significant tax provisions that would ...
April 06, 2020
There are a number of ways individuals and businesses can help individuals in their communities and affected employees during a time of crisis, including charitable-based programs, direct financial assistance to employees, employee loans, ...
April 10, 2020
Notice 2020-23 significantly expands the federal tax returns and tax payments that qualify for a postponed due date of July 15, 2020. The specified returns and tax payments eligible for a deferred due date of ...
April 17, 2020
This tax release is an update to a prior release published on March 23, 2020. It includes a discussion of the CARES Act technical correction for qualified improvement property. Taxpayers should consider ways to increase ...
May 01, 2020
The CARES Act temporarily increased the deduction limitation for charitable contributions of food inventory for contributions made during calendar year 2020 to provide increased deduction opportunities for businesses that are increasing their charitable activity ...
August 24, 2020
Andersen Managing Director Carl Fiore recently sat down on a Wealth Management podcast to talk about the estate of Jacqueline Kennedy Onassis (Jackie O.). During the podcast discussion, Carl provided insight on how ...
