Ideas & Insights

Employer social security payroll tax payment deferral for taxes incurred from March 27th through Dec. 31, 2020.

The IRS recently issued 66 FAQs addressing payroll tax credits for COVID-19-related paid family and sick leave.

The Department of Labor has issued updated questions and answers regarding paid leave for employees impacted by COVID-19.

Basic questions answered to help taxpayers interpret and claim the Employee Retention Tax Credit of the CARES Act.

Job losses and hardships have some investors tapping into employer-sponsored retirement savings. Learn what questions you may face.

Examples of tax-free payments under section 139 that employers may provide employee affected by the COVID-19 pandemic.

Employers should review retirement plan provisions for employee assistance and cash saving opportunities in response to economic conditions.

Because of COVID-19 concerns, the IRS is extending pending deadlines for employers to adopt updated 403(b) retirement plan documents.

The IRS has moved the due date for adopting IRS preapproved pension plan document from to April 30, 2020 to July 31, 2020.

Act contains broad relief for individuals and businesses; includes funding vehicles, recovery payments, and modifications to TCJA provisions

Today, the House of Representatives passed the CARES Act on a voice vote and the President signed the bill enacting it into law.

Mandatory paid leave for employees impacted by COVID-19 is set to start April 1, 2020, per new Department of Labor guidance.

The IRS has provided guidance to frequently asked questions related to Notice 2020-18 through 24 questions and answers published on IRS.gov.

Questions surround new tax legislation in response to COVID-19. RSM’s Tax Policy Now examines extended deadlines, paid leave and cash flow.

Congress passes the Families First Coronavirus Response Act that mandates paid leave for employees impacted by COVID-19.

IRS determines that high deductible health plans can pay for testing and treatment of the coronavirus without tax consequences.

Employers have several tax-advantaged methods for providing financial support to employees impacted by major disasters.

New proposed regulations provide helpful examples of business entertainment and meals deductions still permissible after TCJA restrictions.

The ACA’s shared responsibility penalty on individuals without health insurance no longer applies after 2018, but state penalties may apply.

Individuals and their advisors need to be familiar with the various IRA tips and traps to avoid negative consequences.