A $908 billion COVID-19 economic relief package first unveiled December 1 by lawmakers is gaining traction from congressional Democrats and…
Back in May, the IRS issued Notice 2020-32 which stated “no deduction would be allowed for an eligible expense that…
Given the new reporting and disclosure requirements issued recently in ASU 2020-07, Not-for-Profit Reporting of Gifts-in-Kind, now is a good…
Many people are unclear whether the people working in their homes should be considered household employees for tax purposes. For…
The impact of COVID-19 on businesses has been substantial and it has upturned the notion of “business as usual.” Many…