by briesterer@thinkvisionary.com | Apr 6, 2020 | COVID-19
The Tax-Smart Way to Loan Money to Friends & Family Offering to lend money to cash-strapped friends or family members during tough economic times is a kind and generous offer, but before you hand over the cash, you need to plan ahead to avoid tax complications for...
by briesterer@thinkvisionary.com | Apr 5, 2020 | COVID-19
Tax Breaks Help Small and Medium-sized Employers Small and medium-sized employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing coronavirus-related...
by briesterer@thinkvisionary.com | Apr 4, 2020 | COVID-19
CARES Act: Information for Individual Taxpayers The Coronavirus Aid, Relief, and Economic Security (CARES) Act, the stimulus bill that was signed into law on March 27, 2020, contains legislation to stabilize the economy during the coronavirus pandemic. These measures...
by briesterer@thinkvisionary.com | Apr 3, 2020 | COVID-19
[vc_row][vc_column][vc_column_text] Tax Returns & Estimated Taxes Now Due July 15 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...
by briesterer@thinkvisionary.com | Apr 1, 2020 | COVID-19
Paycheck Protection Program (PPP) Information Sheet: Borrowers The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for...
