IRS Issues Guidance on Presidential Order to Defer Payroll Taxes
August 31, 2020
On August 8, 2020, President Trump issued a Presidential Memorandum directing the Secretary of the Treasury to use his authority
Tag: Taxes
CARES Act Allows Coronavirus-Related Relief for Retirement Plans and IRAs
June 26, 2020
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provides for special rules concerning coronavirus-related distributions, rollovers, loans, and
No Expense Deduction for Forgiven PPP Loan Amounts
May 1, 2020
By now everyone should be aware of the Paycheck Protection Program (“PPP”) that enables small businesses to obtain favorable loans
Ohio Announces 2020 Back-to-School Sales and Use Tax Holiday
April 28, 2020
Ohio will provide back-to-school shoppers with an August sales tax holiday. The holiday will begin on Friday, August 7, 2020
IRS Releases Temporary Procedures on Claiming Quick Refunds of Credit for Prior Year Minimum Tax Liability and NOLs
April 17, 2020
On April 13, the IRS released guidance to provide temporary procedures to fax certain Forms 1139 and 1045 in order
IRS Warns Taxpayers to be on the Lookout for Coronavirus-Related Scams
April 16, 2020
In a prior post (see IRS Issues Warning About Coronavirus-Related Scams) we relayed information from the IRS, warning of potential
Off-Premises Alcoholic Beverage Sales Not Exempt From Ohio Sales Tax
April 15, 2020
In response to one of Governor DeWine’s executive orders regarding the pandemic, the Ohio Liquor Control Commission permitted certain liquor
Ohio Sales and Use Tax Deadline Approaching
April 14, 2020
In a prior post (see Ohio Extends Income Tax Filing and Payment Deadlines) I discussed Ohio’s income tax filing and
Updated IRS Guidance On Pandemic-Related Relief for Tax Filings and Payments
April 10, 2020
On April 9, the IRS issued several new pronouncements as additional guidance on relief to taxpayers due to the Coronavirus
IRS Issues Warning About Coronavirus-Related Scams
April 3, 2020
IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments WASHINGTON — The Internal Revenue