Every manufacturer deals with unsalable inventory or inventory whose fair market value as fallen below cost. It can take the form of defective products, obsolete products, a surplus of finished [...]
Alongside numerous provisions for corporations and small businesses, the Coronavirus Aid, Relief, and Economic Security (CARES) Act brings about several key changes for taxpayers operating in the real estate sector. [...]
Some nonprofits are getting a welcome reprieve in deadline extensions for their Form 990 and federal single audit reports. IRS Form 990 and Similar Forms The Internal Revenue Service (IRS) [...]
The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes dozens of subsections and countless provisions. While it covers an immense range of relief options, the CARES Act tax relief [...]
As part of the recently-passed massive Coronavirus Aid, Relief, and Economic Security (CARES) Act, taxpayers will receive a direct stimulus payment within the coming weeks. This one-time remittance is based [...]
In what’s being called ‘Phase III’ of a stimulus plan that’s continually evolving in the fight against COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was ratified on [...]