July 28, 2020

Paycheck Protection Program Deadline Approaches

The deadline for businesses to apply for loans under the Paycheck Protection Program has been extended until August 8th.   If you had decided not to apply for the loan previously, you have time to reconsider. The rules for...

June 10, 2020

Paycheck Protection Program Flexibility Act

The Paycheck Protection Program Flexibility Act of 2020 (PPPFA) does just that, provide flexibility to small businesses who borrowed through the SBA PPP loan program.  The flexibility comes primarily in the form of more time.

M...

April 23, 2020

CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides tax relief and incentives to both individuals and businesses.  Some of the provisions are straight forward, but others have far to many complications to address in this newsletter.  This a...

April 14, 2020

Connecticut Pass-Through Entity Tax 2020 Estimated  Installments Have NOT Been Extended!

Although many tax payments are not required to be made until July 15, 2020, the 2020 estimated installments for the Connecticut Pass-Through Entity Tax are still due on their normal...

March 27, 2020

IRS Announces Tax Filing and Payment Relief

The IRS has issued Notice 2020-18 which states that the Secretary of the Treasury has determined that any person with a Federal income tax payment or a Federal income tax return due April 15, 2020, is affected by the COVID-19...

March 19, 2020

Filing Changes Due To Coronavirus

The most recent information we have received indicates that the 2020 filing season may be "extended" and that federal and Connecticut state income tax payments can be delayed without interest or penalties.  We do not have specifics on t...

Please reload

Quick Notes

Paycheck Protection Program Deadline Approaches

July 28, 2020

Paycheck Protection Program Deadline Approaches

The deadline for businesses to apply for loans under the Paycheck Protection Program has been extended...

1/1
Please reload

Recent Posts

April 23, 2020

Please reload

Archive
Please reload

Follow Us
  • Facebook Basic Square
contact us

Contact us for an estimate.


IRS Circular 230 Disclosure: 
To ensure compliance with requirements imposed by the Internal Revenue Service, we inform you that any tax advice contained in this communication, unless expressly stated otherwise, was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein. 

This contact form is not intended for confidential material.