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Section 125 Cafeteria Plans Allow for Greater Flexibility
Guidance has been published by the IRS to allow for temporary changes to Section 125 cafeteria plans.

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SBA Releases PPP Loan Forgiveness Application
The Small Business Administration and Treasury Department on Friday, May 15th, released the 

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ICYMI: The Cares Act, RMD, And Hardship Distribution Changes
The CARES Act (The Coronavirus Aid, Relief, and Economic Security Act) became law on March 27, 2020, and contains significant legislation for Required Minimum Distributions (RMD) for those over age

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Injured Spouse Stimulus Payment
On Friday, May 8, the IRS posted Economic Impact Payment FAQ #31 acknowledging that it was aware of the prob

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Act by Wednesday for Chance to Get Quicker Economic Impact Payment; Timeline for Payments Continues to Accelerate
With a variety of steps underway to speed Economic Impact Payments, the Treasury Department and the Internal Revenue Service urged people to use 

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Expenses Paid with Forgiven Paycheck Protection Program Loan Not Deductible
In Notice 2020-32, the IRS has clarified that no deduction is a

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Employee Retention Credit
The IRS has posted information regarding the employee retention credit on their website here.

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6 Ways to Know Your COVID-19 Check is Real
The Internal Revenue Service has been making good progress in getting the economic impact payment to eligible individuals.

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IRS Enhances "Get My Payment" Online Service to Help Taxpayers
The Internal Revenue Service announced, on Sunday, April 26th, significant enhancements to the “Get My Payment” tool to deliver an improved and smoother experience for Americans eligible to receive

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