Individual Income Tax Planning Subjects for 2020
Effect of CARES Act Rebate on Your 2020 Tax Return Under the CARES Act, individuals with income under a certain level are entitled to a recovery rebate tax
Scott Newsom
November 30, 2020
Effect of CARES Act Rebate on Your 2020 Tax Return Under the CARES Act, individuals with income under a certain level are entitled to a recovery rebate tax
The Department of Treasury and Internal Revenue Service issued guidance (August 28, 2020) implementing the Presidential Memorandum issued on August 8, 2020, allowing employers to defer withholding
On August 8, 2020, President Trump signed four executive actions which the Administration said will assist individuals and businesses suffering as a result of economic
The Small Business Administration an interim final rule that clarifies the amount of compensation that self-employed individuals are eligible to have forgiven. The SBA also
As you may know, the initial rollout of the program was rocky and some provisions of the program were criticized by businesses as not doing
As there is much information and law changes occurring lately, below is a brief summary of some relief programs for businesses effected by the COVID-19
The IRS just announced that the second quarter estimated tax payment for individuals that was due on June 15, 2020 has been pushed back to
These are SBA 7(a) loans that have been authorized for the SBA to lend to small businesses as part of the Coronavirus Aid, Relief and
This is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. Lenders may begin processing these loans as soon as
Newsom and Associates PA
12740 Atlantic Blvd
Suite 7
Jacksonville, FL 32225
Hours of Operation
Mon-Fri: 8:00am-5:00pm
Sat-Sun: By Appointment
Tel: (904) 320-0572
Fax: (904) 320-0576
