4 Min ReadThere’s little chance of agreement on a new federal coronavirus relief plan without a compromise on the roughly $1 trillion in aid to beleaguered state and local governments that Democrats demand and the White House opposes.
4 Min ReadWhite House officials said the administration has no plans to do away with the payroll tax despite President Donald Trump saying he would seek a permanent repeal if he wins another term.
4 Min ReadThe U.S. Small Business Administration has posted rules about how businesses who have been turned down for forgiveness of their Paycheck Protection Program loans can appeal the decision.
4 Min ReadThe American Institute of CPAs has sent a letter to top officials asking for more guidance on the president's executive order.
6 Min ReadFirms of all sizes should be prepared to respond appropriately and help their clients protect the health and safety of their workforce by complying with ever-changing guidelines from federal, state and local authorities.
1 Min ReadThe White House isn’t considering an executive order to carry out President Donald Trump’s call for a cut in the capital gains tax because Congress probably would have to change the rate, administration officials said.
1 Min ReadAmong the pandemic-related issues covered are how to handle the Paycheck Protection Program and other stimulus efforts.
3 Min ReadA public-private partnership that has fewer rules and restrictions than the Paycheck Protection Program would save more small businesses.
4 Min ReadPresident Donald Trump is tapping his presidential authority to make tax changes that Congress is refusing to do, but his limited power means he could end up over-promising and under-delivering on his pledge to slash IRS bills.
1 Min ReadThe Internal Revenue Service is giving extra time to companies that make and sell sport fishing and archery equipment to file and pay their excise taxes due to the novel coronavirus pandemic.
3 Min ReadDemocrats are demanding more Republican concessions to meet an end-of-the-week deadline for a deal on pandemic relief, and one of the chief White House negotiators warned there is little time left for negotiations.
4 Min ReadThe owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.
5 Min ReadThe American Institute of CPAs joined with more than 170 organizations in asking congressional leaders to allow businesses to write off expenses associated with loan forgiveness under the Paycheck Protection Program.
4 Min ReadSquare's gross payment volume tumbled by 15% year-over-year due to COVID-19’s impact, but revenue jumped as online selling rose, Cash App doubled in users and Square enabled almost $900 million in PPP loans.
4 Min ReadWhite House and Democratic negotiators driving toward a deal on a final massive virus relief package by the end of the week still must overcome a raw mix of election-year pressures, internal GOP splits and a profound lack of trust between the parties.
3 Min ReadGranting and forgiving loans in different years can create problems.
3 Min ReadThe emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.
5 Min ReadThe major card networks have heavily invested in broader services as transaction processing loses its luster, a strategy that’s provided a ray of hope as retail and travel industries remain sidelined.
2 Min ReadThis personal funding has blurred the line between personal and business finances more than ever.
2 Min ReadTime is running out for further relief efforts before the August recess.
