by HintonBurdick | Apr 1, 2021 | News
The Coronavirus, Aid, Relief, and Economic Security (CARES) Act made it easier to access savings in IRAs and workplace retirement plans for those affected by the coronavirus. This relief provided favorable tax treatment for certain withdrawals from retirement plans...
by HintonBurdick | Apr 1, 2020 | News
You can use high-deductible health plans (HDHPs) to pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status and you may continue to contribute to a health savings account (HSA). Health plans that otherwise qualify as...
by HintonBurdick | Apr 1, 2020 | News
Relief for taxpayers facing the challenges of COVID-19-related tax issues is now available through the IRS People First initiative. The projected start date will be April 1 and the effort will initially run through July 15, 2020. During this period, to the maximum...
by HintonBurdick | Apr 1, 2020 | News
Due to the coronavirus pandemic, the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest,...
by Tiffany Whitelaw | Mar 18, 2020 | Advisory, Assurance, Construction, Family Office, Healthcare, Hospitality, Local Government, Non-Profit Organizations, Professional Services, Tax, Tax Deadlines, Tribal Audit & Assurance
We are all working through the wake of the current coronavirus (COVID-19) pandemic. How business is being done is rapidly changing due to government-mandated restrictions and the need to keep employees and consumers safe. As an employer of a small business, how do...