Coronavirus (COVID-19): Tax relief for small businesses

2019 Tax Return, COVID-19, Employees, Federal Income Tax, Internal Revenue Service (IRS), Small Business, Tax Deadlines, Tax Refund /

Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at least some relief. In a separate development, the IRS has issued guidance allowing taxpayers to defer any amount of federal income tax payments due on April 15, 2020, until July 15, 2020, without penalties or […]

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