Paycheck Protection Program

The coronavirus slowdown has hit the IRS and tax professionals,

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a few days.

COVID-19, the election and much more all need to be taken into account.

Wagering and taxes; taming email; to NEC or not; and other highlights from our favorite tax bloggers.

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

The coronavirus pandemic has introduced a number of new areas that companies need to address.

The U.S. Small Business Administration and the Treasury Department are making it easier for companies to get their Paycheck Protection Program loans of $50,000 or less forgiven.

The coronavirus pandemic is creating new exposures for accounting firms, and exacerbating others.

More bucks for the IRS; deductible haircuts; virtues of virtual learning; and other highlights from our favorite tax bloggers.