Insights
How to Strengthen, Optimize or Restructure COVID-19 Affected Operations
The recent outbreak of the novel coronavirus (COVID-19) has introduced unprecedented challenges to the economy and businesses.
What Business Owners Can Do Today: Taking a Preemptive Strike at COVID-19
We don’t know when normalcy will return, but we do know there are steps you can take today to prepare for the duration. Given all the uncertainty, taking precautionary measures will ensure your business is best suited to weather the storm.
Grantmaking During Disasters and Tax-Favored Financial Assistance to Employees
The President declared a national emergency on March 13, 2020 and invoked the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Declaration) in response to the COVID-19 pandemic.
States Provide Further Guidance on Income, Sales and Other Tax Extensions
Generally, more states have announced income tax filing and payment extension deadline dates ‒ although not all match the federal deadline dates.
COVID-19 Telehealth Care Considerations — OCR Eases Restrictions
By Thomas J. DeMayo, Principal As healthcare providers and medical practice groups are forced to transition to virtual continuity of care […]
Employee Benefits Update
In response to the many conversations we have had with employers and plan sponsors related to the economic disruption caused by COVID-19, we are providing this comprehensive update.
IRS Extends Tax Deadline to July 15th
Treasury Secretary Mnuchin announced today (March 20, 2020) that tax returns for individuals and businesses scheduled to be due April 15, 2020 will, instead, be due on July 15, 2020.
10 Considerations to Secure Capital and Gain Relief in Light of COVID-19
While the pandemic has slowed economic activity for the near term, there are ways you can improve your organization’s financial position and potentially access loan capital.
National Emergency Declaration: Permits Employers to Provide Tax-Free Financial Assistance to Employees
The President declared a national emergency on March 13, 2020 and invoked the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Declaration) in response to the COVID-19 pandemic.
IRS Extends April 15th Payments for 90 Days – More Guidance Needed
In an effort to provide relief to taxpayers, the Treasury Department issued IRS Notice 2020-17 on March 19, 2020.
Coronavirus – Considerations for Hospitality Accounting
The COVID-19 pandemic has resulted in substantial volatility in the global economy.
States Start to Provide Guidance on Upcoming Tax Deadlines
COVID-19 may not be going away soon, but state income tax deadlines, including the upcoming April 15 deadline, need to be addressed.