Jun 19, 2020 | Firm Updates, Retirement Planning
Social Security, or the Old-Age, Survivors, and Disability Insurance (OASDI) program, provides benefits to retirees, survivors, and the disabled. Social Security is funded primarily through payroll taxes (FICA and SECA) and retirement benefits received are based on...
Jun 18, 2020 | COVID-19 Response, Firm Updates
On June 17, 2020, the United States Department of the Treasury and the Small Business Administration (SBA) issued additional guidance on the Paycheck Protection Program, specifically revising the Third and Sixth Interim Final Rules previously released. We have...
Jun 12, 2020 | Firm Updates, Tax Tips
In March, New York State released N-Notice N-20-2 which moved the traditional first estimated payment due date of the year of April 15, 2020, to July 15, 2020. Considering the traditional second estimated payment due date of June 15, 2020, the timing of these two due...
Jun 10, 2020 | COVID-19 Response, Firm Updates
Extends the minimum maturity to five years from two years. for borrowers who obtain a loan on or after June 5, 2020. For loans made before June 5, 2020 could also extend the loan to 5 years if the borrower and lenders mutually agree to extend the maturity. The covered...
Jun 8, 2020 | Firm Updates, International Tax
The Internal Revenue Service today reminded people who live and work abroad that they have until Wednesday, July 15, 2020, to file their 2019 federal income tax return and pay any tax due. The usual deadline is June 15. This extension was included in a wide range of...
