by ssmnlaw | Nov 10, 2020 | Tax Planning, Uncategorized
Businesses and Business Owners: There are new regulations regarding deductions for certain state and local income taxes. On November 9, 2020, the The U.S. Department of the Treasury issued a press release discussing the Treasury and the IRS’s...
by ssmnlaw | Jun 8, 2020 | Uncategorized
The Paycheck Protection Program (PPP) Flexibility Act of 2020 has been signed into law. Details of the act are in the article below, by Andy Medici of the Washington Business Journal. The original article can be found here....
by ssmnlaw | May 20, 2020 | Uncategorized
On April 23, 2020 the I.R.S. posted information on issues raised by the COVID-19 relief time extension granted to taxpayers to fulfill their estate, gift and generation-skipping tax obligations. Below is are the questions and answers provided by the I.R.S.. The...
by ssmnlaw | May 18, 2020 | Uncategorized
The SBA and Treasury have released Paycheck Protection Program Loan Forgiveness details. From an SBA email dated May 15, 2020: On Friday, May 15, 2020, the U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the...
by ssmnlaw | May 14, 2020 | Uncategorized
The Minnesota Department of Employment and Economic Development has posted information about what businesses and workers need to know to safely reopen and return to work. Click here to access the document.
by ssmnlaw | May 13, 2020 | Uncategorized
The EEOC has delayed some EEO data collections. 2019 EEO-1 component 1 data collection has been delayed by the EEOC. For additional information, see the May 8, 2020 Federal Register Notice “Delay in Opening of 2019 EEO-1 Component 1 and 2020 EEO-3 and 2020 EEO-5...
