The Coronavirus Preparedness and Response Supplemental Appropriations Act (the Act) that passed on March 6, 2020 allows small businesses that have
Today, Friday, March 20, Secretary of the Treasury Steve Mnuchin tweeted: “We are moving Tax Day from April 15 to July 15,” Mnuchin said. “All
2019 Tax Return Due Dates for Business Types Sole proprietorship and single-member LLC tax returns on Schedule C (with the owner's personal tax
The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA): The Cadillac tax
On Dec. 31. 2019, the Internal Revenue Service (IRS) issued the 2020 optional standard mileage rates, which are used to calculate the deductible costs
Highlights of spending package’s tax law changes The federal government spending package titled the Further Consolidated Appropriations Act, 2020,
If you pay an individual (who is not an employee) or partnership for “services” rendered and the amount paid for the year is $600 or more, you must
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also
Form 1099-MISC is due to vendors by Jan. 31 for payments made the preceding year to non-corporate independent contractors. The IRS requires form W-9
As we face the last quarter of 2019, SIMA continues its commitment of informing our clients of new and existing laws that are relevant to them.
