5 Star Accounting and BusinessPosts tagged "Coronavirus"

IRS extends tax deadline to July 15

Taxpayers have three extra months to pay their taxes this year as the country continues to reel from the COVID-19 pandemic. The Internal Revenue Services extended the deadline on March 21, which also applies to tax payments. No penalties or interest will be incur during this pause. The...

How will federal stimulus help small business?

The recently enacted federal stimulus package puts paychecks directly into American bank accounts and sets aside financial aid for small business. As more business owners experience uncertainty amid the COVID-19 pandemic, the billions in assistance is welcome news. To those employers who retain their staff, forgivable loans...