IRS Coronavirus-Related Filing and Payment

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Rising Above the Chaos IRS Coronavirus-Related Filing and Payment We hope this email finds you well and healthy! The IRS continues to issue further guidance on the Federal tax deadlines. The agency has posted 24 Questions and Answers regarding the extended deadlines on their website.  You can review the full post here and refer to… Read more »

Paycheck Protection Program

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Rising Above the Chaos Consider: Paycheck Protection Program   As you may have heard, the banks are preparing to begin accepting Paycheck Protection Program (PPP) loan applications beginning on Friday April 3, 2020.  A statement by a senior SBA official indicated that the loans will be given on a first-come, first-served basis. RESOURCES: Disclaimer: As… Read more »

CARES ACT HIGHLIGHTS

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Rising Above the Chaos Consider: CARES Act for Individuals  Stimulus Payments Checks or direct deposits coming soon to: Most MARRIED taxpayers whose AGI (Adjusted Gross Income) is $150,000 or less will receive a check or direct deposit of $1,200 per adult and $500 per child under age 17. This amount will be reduced for married… Read more »