Employers are actively seeking ways to assist employees affected by the novel coronavirus (COVID-19). Help is available. COVID-19 is a national emergency. Internal Revenue Code Section 139 allows employers to make tax-free payments or reimbursements to employees as “qualified disaster payments.” Here are frequently asked questions for employers looking to use Section 139 to assist… Continue reading Coronavirus Update
IRS Moved Tax Filing Deadline to July 15
The IRS announced today that is extending the federal income tax filing deadline to July 15th, in order to provide taxpayers and businesses additional time to file