Coronavirus (COVID-19): Tax Relief for Small Businesses

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 the COVID-19 bill as tax relief for small businesses. This guidance allows taxpayers to defer any amount of federal income tax payments due on … Continue reading “Coronavirus (COVID-19): Tax Relief for Small Businesses”