Key Tax Deadlines for Businesses and Employers in Q4 2020

Key Tax Deadlines for Businesses and Employers in Q4 2020

Here are key tax-related deadlines for businesses and employers in Q4 2020. This list isn’t all-inclusive; additional deadlines may apply to you.
Stimulus Checks Issued to Decedents Cancelled by the IRS

Stimulus Checks Issued to Decedents Cancelled by the IRS

The Treasury Dept. has cancelled outstanding stimulus checks issued to ineligible recipients. This includes those declared deceased.
Qualified retirement plan rules affect COVID-19-related layoffs and rehires

Qualified retirement plan rules affect COVID-19-related layoffs and rehires

Have you laid off employees because of COVID-19? Plan to rehire some of them before 2020 ends? If so, and you offer a qualified retirement plan, listen up!
Nexus Rules Are Being Reshaped for Remote Workers Due to COVID-19

Nexus Rules Are Being Reshaped for Remote Workers Due to COVID-19

With more people working from home, states are considering nexus. State governments must address remote employees in terms of nexus rules and tax revenue.
Court invalidates some COVID-19 paid sick and family leave regs

Court invalidates some COVID-19 paid sick and family leave regs

Parts of the DOL’s temporary regs of the paid sick and family leave parts of the FFCRAwere nullified. This is important in the implementation of the law.
Your Sec 529 Plan (College Savings Plan) Just Became More Useful

Your Sec 529 Plan (College Savings Plan) Just Became More Useful

A Sec 529 Plan is a tax-beneficial incentive for parents and others to save money for college tuition and fees. Congress just made them more useful.