Tax Policy Outlook Uncertain as Key Senate Races Head to Runoff
By Melissa A. Oaks, J.D., LL.M. …
IRS Makes it Easier to Set Up Tax Payment Arrangements
In a News Release, IRS has announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more easily …
Pandemic May be Leading More People to Get Professional Certifications
By Soyoung Ho The COVID-19 pandemic may be spurring more people to try to get professional certifications even as business …
House Passes to Set up Joint SEC-CFPB Fraud Group
By Bill Flook The House on September 21, 2020, passed legislation that would set up a joint working group between …
COVID-19 Testing and Diagnostic Services Not Minimum Essential Coverage
In a Notice, the IRS has determined that Medicaid coverage limited to COVID-19 testing and diagnostic services is not minimum …
IRS Issues Payroll Tax Deferral Guidance
In a Notice, the IRS has provided guidance to employers regarding the recent presidential directive to allow employers to defer …
Leave Deposited in Leave-Sharing Plan due to COVID-19 not Included in Income, Wages
On its website, the IRS has said that employers may set up a leave-sharing plan that permits employees to deposit …
Determine Your Eligibility for the Employee Retention Credit
You can use this new tool to help determine if you qualify for the Employee Retention Credit. The coronavirus …