The COVID-19 pandemic has disrupted business in Texas like never before and it has changed how employers in Texas conduct their business. With the recent reopening of businesses, employers are hiring new or rehiring former ...
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted on March 27, 2020, waived required minimum distributions (RMDs) from tax-qualified defined contribution retirement plans (such as 401(k) and 403(b) plans) and individual retirement accounts ...
Negotiations on a fifth round of Coronavirus Relief stalled in Congress and as a result, on Saturday, August 8, 2020, President Trump took executive action and signed four Coronavirus Pandemic Relief orders to provide immediate ...
On August 4, 2020 the Small Business Administration (“SBA”), in consultation with the Department of Treasury, issued 23 frequently asked questions (“FAQs”) on PPP Loan Forgiveness. These FAQs supplement the previously issued PPP Interim Final ...
We are hearing from clients and business owners on a daily basis wanting to start the Paycheck Protection Program (PPP) loan forgiveness process. We, along with the American Institute of Certified Public Accountants (AICPA) and ...
As a reminder second quarter payroll reports are due to be filed by July 31, 2020. If you have had no significant changes between the first and the second quarter your reporting requirements will be ...
The humorist and political wit Will Rogers is credited with this comment: “I am not a member of any organized political party. I am a Democrat.” As we go to press with this missive at ...
Tax Day Arrives Don’t forget that tomorrow, July 15, is the deferred filing date for most submissions to the IRS that would otherwise be due on or after April 1 and before July 15. Most ...
The United States Supreme Court has agreed to hear California v. Texas (known as Texas v. U.S. in previous litigation) Docket No. 19-840, in which several states are arguing that the individual mandate in the ...
On the Way to the White House To the surprise of many observers (this one included), in the course of two days, the Senate by unanimous consent and then the House of Representatives by unanimous ...
BYE BYE BYE PPP Loan Applications – Maybe. The Payroll Protection Program (“PPP”) enacted in March as part of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act eventually totaled $660 billion available for small ...
Remember: If you plan to apply for a Paycheck Protection Program (“PPP”) loan and have not yet done so, June 30, 2020 is the last day a PPP loan can be approved by a qualified ...
