Entries by Jeff

Coronavirus Aid, Relief and Economic Security Act – Part 2: Businesses

Coronavirus Aid, Relief and Economic Security Act – Part 2: Businesses On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES Act provides many benefits intended to deliver cash […]

Coronavirus Aid, Relief and Economic Security Act – Part 1: Individuals

Coronavirus Aid, Relief and Economic Security Act – Part 1: Individuals On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES Act provides many benefits intended to deliver cash […]

IRS Responding To COVID-19 With “The IRS People First Initiative” For Examination And Collection Tax Relief

IRS Responding To COVID-19 With “The IRS People First Initiative” For Examination And Collection Tax Relief IRS Coronavirus Tax Relief  The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus and as information becomes available, the IRS will be updating this special page on its […]

IRS Responding To COVID-19 With Tax Relief – Tax Day Officially Changed To July 15th

IRS Coronavirus Tax Relief The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus and as information becomes available, the IRS will be updating this special page on its website. President Donald Trump declared the coronavirus pandemic a national emergency. Therefore, under Sec. 7508A, the […]

Britain’s Tax Authority Updates Crypto Guidelines – Is IRS Next To Update Its Guidelines?

Britain’s Tax Authority Updates Crypto Guidelines – Is IRS Next To Update Its Guidelines? In December 2019, Her Majesty’s Revenue and Customs (HMRC) in the United Kingdom which would be the equivalent of IRS here in the United States published updated policy papers concerning crypto currency transactions undertaken by companies, other businesses such as sole […]