Coordination of Payroll Tax Credits and Payroll Relief
Congress has recently issued Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security (CARES) Act with significant legislation affecting payroll. The FFCRA offers payroll tax credits for certain sick pay and extended family and medical leave. The CARES Act offers a Small Business Paycheck Protection Program with loan forgiveness provisions, […]
Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments
IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information To help millions of people, the Treasury Department and the Internal Revenue Service today launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t […]