Employees who have been working from home during the pandemic may face a surprise when they file their 2020 tax returns if their home is in a different state from the employer’s location.
All tagged cares act update
COVID-19 Weekly Digest (October 21, 2020)
PPP loan forgiveness application is not due at the end of October, despite what the application forms seem to imply. To comply with internal requirements, the upper right corner of the forgiveness application forms (3508, 3508EZ, and 3508S) all show an expiration date of October 31, 2020, but this is not the deadline to apply.
COVID-19 Weekly Digest (October 14, 2020)
President Trump has offered support for a $1.8 billion package, which includes another round of stimulus payments, while Democrats have proposed a $2.2 billion package, which has little chance of approval by the Republican-led Senate.