California COVID-19 Tax Updates and the WARN Act
Update 1 An important employment law, the WARN Act, is suspended in California for now. The WARN Act requires employers with 75 or more employees to provide 60 days’ written notice of a mass layoff, [...]
Cash Payments and Tax Relief for Individuals in New Law
A new law signed by President Trump on March 27 provides a variety of tax and financial relief measures to help Americans during the coronavirus (COVID-19) pandemic. This article explains some of the tax relief [...]
The New COVID-19 Law Provides Businesses and Employees With More Relief GalleryThe New COVID-19 Law Provides Businesses and Employees With More Relief
business, disaster, employer, filing deadline, gift tax, individuals, irs, New Tax Laws, small business, tax deadlines, tax implications, tax planning, taxpayer
The New COVID-19 Law Provides Businesses and Employees With More Relief
On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers. Here are some of the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security [...]
IRS FAQs Address 90-day Filing and Payment Extension
The IRS has released a set of Frequently Asked Questions (FAQs) that clarifies certain aspects of the 90-day filing and payment extension provided in Notice 2020-18. Among other things, the FAQs explain that Notice 2020-18 [...]
SBA Offering Loans to Small Businesses Hit Hard by COVID-19
Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources — human, capital and otherwise — [...]
Coronavirus (COVID-19) Tax Relief and California Updates
As we mentioned in our last post, taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that [...]
Coronavirus (COVID-19): Tax Relief for Small Businesses
Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at least some relief. In a separate development, the IRS has issued guidance allowing taxpayers to [...]
Tax Filing and Payment Extension Due To The Coronavirus
The IRS moved the national income tax filing day ahead to July 15, three months after the normal deadline for Americans to send in their returns, in an effort to stem the financial pain from [...]
Supporting You During the Coronavirus
Dear clients, friends and community, We understand there is a lot of anxiety and stress caused by the unprecedented coronavirus pandemic that is affecting the local and global community. As Sonoma County and the Bay [...]
The 2019 Gift Tax Return Deadline Is Coming Up
If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2019 gift tax return. And in some cases, even if it’s [...]