News & Analysis as of

Qualified Disaster Relief Payments Tax Deductions

Holland & Knight LLP

Tax Consequences of a Natural Disaster

Holland & Knight LLP on

Between wildfires such as the ones in Southern California earlier this year and hurricanes and other major storms experienced by other parts of the country annually, there is no shortage of natural disasters affecting people...more

Husch Blackwell LLP

Employer Strategies for Assisting Employees Amidst California Wildfires: Qualified Disaster Relief Payments

Husch Blackwell LLP on

High winds and drought conditions have fueled severe wildfires, devastating communities around Los Angeles, California. The fires have destroyed thousands of homes and businesses, while firefighters are working tirelessly to...more

Bowditch & Dewey

2020 End of Year Tax Planning for Businesses

Bowditch & Dewey on

As the 2020 year draws to a close, businesses should review the tax-related provisions adopted in the CARES Act and related IRS guidance with their tax advisers: EMPLOYER REFUNDABLE CREDIT AND PAYROLL TAX DEFERRAL: -...more

BakerHostetler

FAQs: Section 139

BakerHostetler on

Q: In addition to the CARES Act and other provisions of employee benefit plans described below, what other forms of hardship assistance are employers considering in order to support their employees who are facing health and...more

Foodman CPAs & Advisors

Tax Scams put Taxpayers at Risk

The IRS produces a yearly list of Tax Scams known as the Dirty Dozen that Taxpayers may encounter.    IRS reiterates that Tax Scams put Taxpayers at Risk when it releases its list of Dirty Dozen Tax Scams.  These aggressive...more

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