Paycheck Protection Program (PPP) Loans authorized under Section 1102 of the CARES Act are intended to provide businesses with additional liquidity to cover (1) payroll costs, (2) certain employee benefits relating to...more
IRS Notice 2020-18 postponed the Federal income tax filing and payment due date from April 15, 2020 to July 15, 2020, but did not affect due dates in connection with the Federal gift tax.
On March 27, 2020, the IRS...more