Tax News - Page 3 of 11

Two women reviewing qualified opportunity zone investments

How To Invest In Qualified Opportunity Zones

Posted August 4, 2020

The Tax Cuts and Jobs Act created a new tax item for American taxpayers – qualified opportunity zones (QOZ). Qualified … Read More

Forklift driver wearing PPE in a warehouse - qualifies for industrial processing exemption

Does Your PPE Qualify For The Industrial Processing Exemption?

Posted July 30, 2020

Are you an industrial processor or member of the industrial processing industry? Have you purchased personal protective equipment (PPE) for … Read More

4 Tax Changes In The CARES Act You Shouldn’t Overlook

Posted July 8, 2020

The CARES Act is 854 pages long and introduces several programs, laws, and tools intended to provide relief to businesses … Read More

state capitol where tax filing extensions were issued

State Tax Filing Extensions Due To COVID-19

Posted June 8, 2020

Individual states began announcing state tax filing extensions shortly after the IRS and Treasury department announced a 90-day extension of the … Read More

a woman discusses delay of payroll tax with a man

Employers Can Delay Payroll Tax Payments Under The CARES Act

Posted May 20, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act creates a payroll tax deferral period, giving employers the ability to delay … Read More

New Net Operating Loss Rules Under The CARES Act

Posted May 6, 2020

The Tax Cuts and Jobs Act of 2017 stopped businesses from carrying back any net operating losses (NOLs) and limited any NOLs carried … Read More

Two male business owners discuss qualified improvement property

Understanding Qualified Improvement Property After The CARES Act

Posted April 27, 2020

One of the most notable provisions within Coronavirus Aid, Relief, and Economic Security (CARES) Act makes Qualified Improvement Property eligible for … Read More