The CARES Act signed into law on March 27, 2020 contains numerous provisions to deliver tax relief to businesses amidst the financial crisis caused by the COVID-19 pandemic.
Charitable Contributions -
The deduction...more
On March 25, 2020, the IRS announced a new program called the People First Initiative designed to assist taxpayers facing challenges related to COVID-19. The IRS previously provided relief by extending the due date for filing...more