March 27

Families First Coronavirus Response Act to Provide Paid Leave

Reading Time: 4 minutes   On March 18, President Trump signed into law the Families First Coronavirus Response Act (PL 116-127) which among other provisions, provides for paid sick leave and paid family leave to address work and employment interruptions related to the coronavirus. The legislation enables employers to keep their workers on their payrolls, while at the same.

March 23

COVID-19 Update & Resource Center

Reading Time: 2 minutes   Lanigan, Ryan, Malcolm & Doyle’s COVID-19 update & resource center has the latest tax news and resources that pertain to you and your business during the COVID-19 pandemic. Tax Deadline Updates Federal tax deadline for filing and payments extended to July 15. (This includes 2020 estimated tax payments originally due April 15.) The IRS.

January 29

Qualified Opportunity Zones: What You Need to Know

Reading Time: 2 minutes     The Opportunity Zone Program was established as part of the 2018 Tax Cuts and Jobs Act to encourage economic growth and investment in designated low-income and distressed communities. Qualified opportunity zones cover zip codes or other geographic areas determined by each state. Investments made within these areas qualify for certain significant tax breaks.

December 3

Your Quick Guide to the TCJA Meals and Entertainment Changes

Reading Time: 3 minutes     For many businesses, dinners with clients or entertaining prospects on golf courses or sporting events are normal business practices, and in certain cases even necessary. However, beginning in 2018, business leaders should be aware of some key changes to the deductibility of business meals and entertainment expenses as a result of the Tax.

November 30

Tax Law Changes Benefit Families with Education Expenses

Reading Time: 2 minutes     People often worry about how they’ll afford college for their children and grandchildren, but education costs start much earlier than adulthood. While every state offers free public education for all children, some parents choose private schools instead and the average cost of tuition for private schools can soar to over $10,000 a year..

September 6

South Dakota V. Wayfair: The Supreme Court Weighs in on Online Sales Taxes

Reading Time: 3 minutes     In June 2018, the U.S. Supreme Court made a significant decision regarding sales taxes and online businesses. The ruling in South Dakota v. Wayfair affirmed that a state can now collect taxes from an internet retailer even if the company lacks a physical presence there.   What the Supreme Court made clear, however,.