Missouri Cuts, Colorado Hikes Stimulus Tax Issues

The states of Missouri and Colorado this week took very different actions relative to the impact of federal stimulus payments for the coronavirus pandemic will have on the state’s taxpayers. In the Show Me State, republican Governor Mike Parson signed a bipartisan tax bill that excludes stimulus payments authorized by the CARES Act from being…

Read More »

Upcoming Webinars

The US Department of Labor (DOL) has a couple of webinars scheduled over the next couple of weeks that will be very beneficial for many.  Coordinating with both the Internal Revenue Service (IRS) and the Small Business Administration (SBA) DOL will present “Navigating COVID-19: A Virtual Guide for the Employment Community” at 2:00 PM CDT…

Read More »

COVID Considerations

As we’re seemingly experiencing a resurgence of sorts in the number of coronavirus infections in some states and regions around the country, the loosening of restrictions is being paused in some states and outright reversed in still others. Further, interstate travel restrictions are now being applied and expanded by a number of states – New…

Read More »

SBA Releases PPP Loan Information

The US Small Business Administration (SBA) this week released the list of recipients of Paycheck Protection Program loans made across the country. The release was delineated by the size of the loan granted to a business. For loans above $150,000, the information includes the borrowing entity name and address as well as the number of…

Read More »

What’s A Quarter-Trillion or So between Friends?

Fiscal conservatives are bracing themselves again in Congress with the US House posturing to bring forward another coronavirus relief bill to the tune of an additional $2 trillion or more. House Speaker Nancy Pelosi told reporters yesterday that she was confident Congress would pass what she called “a strong bill”, saying “$1 trillion doesn’t do…

Read More »

Paying for the Pandemic in Cities

City governments are constantly lamenting the loss of tax and other revenues and are now mapping plans to restore their revenue streams whether there’s more federal money or not. Too often, that means increased taxes for the business community.  As a case in point, amid widespread opposition, the DC Council preliminarily approved a FY21 budget…

Read More »

Face Coverings around the Footprint

There were only a handful of locations mandating face coverings just a few months ago, but now it is more the rule than the exception. Miami-Dade and Broward Counties in Florida are just the latest to now mandate facemasks be worn in public as the virus continues to spike in a number of southern and…

Read More »

Worker Screening or Temperature Checks

As more restaurants and other business establishments re-open in phases under new rules for employee and customer safety, it is imperative that business owners stay aware of their new obligations and fully comprehend the procedures and consequences of actions and/or inactions in your state. In that vein, we would advise you that approximately half of…

Read More »

Another Bite of the aPPPle

Both branches of Congress this week passed emergency legislation extending the application deadline for the Paycheck Protection Program for another month plus. In a surprise move, the republican-led Senate initiated the extension when it passed a bill on Tuesday night postponing the June 30 deadline an additional five weeks until August 8. That move was…

Read More »

No Further Extensions of Tax Day

The Department of Treasury and the Internal Revenue Service this week put an end to any further speculation that the government may delay again the July 15 due date for filing 2019 tax returns and payment of 2019 taxes owed. The IRS will not further extend the tax filing and payment deadline past July 15,…

Read More »