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In an information release, the IRS is encouraging taxpayers to use IRS online tools and resources.

The IRS issued an update explaining that they are working through a correspondence backlog and experiencing delays in processing paper returns, due to its limited staff.

07/23/2020 Small Business Administration
The PPP loan program has been a life saver for many small businesses. See the news release from the SBA announcing the loan data. WASHINGTON—The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP).  This disclosure covers each of the 4.9 million PPP loans that have been made.  

The recently enacted Tax Cuts and Jobs Act (TCJA) has altered the tax landscape for a lot of individuals and businesses. The changes are extensive and this blog provides a high-level overview of some of the highlights to keep you informed.

Senate Bill No. 302 establishes a program for a child enrolled in a private school to receive a grant of money equal to 90% of the per-pupil amount apportioned to the resident school district of that child.