by Jay Javier | Sep 4, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
By Harry A. Steindler, CPA – Partner September 4, 2020 On August 8th, the President issued a memorandum allowing, but not requiring, companies to defer the withholding and payment of the 6.2% employee share of social security taxes. The deferral payroll period...
by Jay Javier | Sep 1, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
By Gina Brymer, CPA – Senior Manager and Laurie Kaplan, CPA – Partner September 1, 2020 On August 24, 2020, the Small Business Administration (SBA) issued an interim final rule that provides additional guidance on treatment of owners and forgiveness of...
by Jay Javier | Aug 12, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
By Gina Brymer, CPA – Senior Manager and Laurie Kaplan, CPA – Partner August 12, 2020 On August 4, 2020, the Small Business Administration (SBA) in consultation with the Treasury Department released a ten-page Frequently Asked Questions (FAQ) document on...
by Jay Javier | Jun 26, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
June 26, 2020 On June 23, 2020, the Internal Revenue Service released Notice 2020-51 that provides relief to taxpayers who had already taken their required minimum distributions (RMD) prior to the CARES Act that suspended the requirement for 2020. The CARES Act waived...
by Jay Javier | Apr 3, 2020 | COVID-19 Resource Center
Judy Mason offers answers to common questions surrounding the Coronavirus Aid, Relief, and Economic Security Act, enacted last month.On March 27, 2020, President Trump signed into law the CARES Act – worth more than $2.2 Trillion – to help stimulate the...
by Jay Javier | Mar 28, 2020 | COVID-19 Resource Center
On March 27, 2020, President Trump signed into law the CARES Act worth more than $2 Trillion to stimulate the economy from the effects of the Coronavirus.To provide tax relief to individuals and businesses, the Act:
