Taxes
IRS Releases Draft Form 941 for Reporting Coronavirus-Related Employer Tax Credits
Taxpayers and tax preparers have been awaiting revised tax forms and instructions since the introduction of the new employment tax…
Need to Return a Stimulus Check?
In the rush to send out stimulus payments, the Internal Revenue Service (IRS) made payments to some individuals who should…
Qualified Improvement Property Changes Under the CARES Act
As businesses and individuals continue to deal with COVID-19 and look to survival and recovery, the Coronavirus Aid, Relief, and…
Sales Tax Landscape for SaaS Companies
In June 2018, the U.S. Supreme Court issued its decision in the South Dakota v. Wayfair, Inc. case, paving the…
Important PPP Updates from the Treasury/SBA Forgiven Loan Amounts May Result in Non-deductible Expenses
Plus Guidance on PPP Loan Audits, Forgiveness Computation, and More In a flurry of announcements and press releases this week,…
COVID-19: State and Local Tax Implications – Parts 2 and 3: Nexus/Withholding and CARES Act Guidance
It has been almost a month since our original article on the SALT implications of COVID-19 was published on our…
COVID-19: State and Local Tax Implications – Part 3: CARES Act Guidance
By Jeff Glickman, SALT Partner On March 25, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act…
COVID-19: State and Local Tax Implications – Part 2: Nexus and Income Tax Withholding Guidance
By Jeff Glickman, SALT Partner A month ago, one of the big unknowns in the SALT world was the potential state…
Georgia Extends Additional Tax Deadlines
The Georgia Department of Revenue announced today, April 16, 2020, that additional tax deadlines have been extended to align with…
Payroll Tax Deferral Does Not Disqualify Taxpayers From Applying For or Utilizing a PPP Loan
While the Coronavirus Aid, Relief, and Economic Security (CARES) Act has provided expansive aid to taxpayers and employers across the…