COVID-19 Resource Center

The COVID-19 pandemic triggered changes to the economy that made many buyers cut back on spending. Now that the economy is slowly recovering, sales opportunities may be improving. Here are four steps your salespeople can follow to improve the odds that those chances will come to fruition. This information was accurate as of 10/07/20.

The COVID-19 pandemic has put enormous pressure on medical practices and healthcare workers. To prevent fraud, medical practices (as well as other businesses) should make sure they plan to do the following as soon as possible. This information was accurate as of 10/05/20.

In response to the COVID-19 pandemic, federal agencies have extended certain claims and appeals periods for employee pension benefits plans subject to the Employee Retirement Income Security Act (ERISA). This information was accurate as of 10/02/20.

In August, a federal trial court invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations that implemented the paid leave provisions of the Families First Coronavirus Response Act (FFCRA). This information was accurate as of 9/25/20.

In Notice 2020-66, the IRS recently determined that Medicaid coverage limited to COVID-19 testing and diagnostic services isn’t minimum essential coverage under a government-sponsored program. This information was accurate as of 9/18/20.

Recent guidance from the Financial Accounting Standards Board (FASB) confirms that short-term modifications due to the COVID-19 pandemic won’t be subject to the complex accounting rules for troubled debt restructurings (TDRs). Here are the details. This information was accurate as of 9/18/20.

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations. This information was accurate as of 9/15/20.

The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment of certain payroll tax obligations. This information was accurate as of 9/08/20.

Although many employers have had to let go or furlough employees during the COVID-19 pandemic, others are still hiring or soon will be. If your organization needs to fill positions, or may start filling them in the months ahead, you still need to hire carefully. This information was accurate as of 9/04/20.

Marketplace changes during the COVID-19 crisis have caused many companies to make major strategic shifts in their operations — and some changes are expected to be permanent. This information was accurate as of 9/04/20.

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. Here is a summary of some of the tax breaks available for education. This information was accurate as of 9/01/20.

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of Social Security tax when wages are below a certain amount. This information was accurate as of 8/31/20.

The COVID-19 crisis has led many employers to temporarily reduce the size of their workforce with the hope of bringing back some employees when safe and feasible. This information was accurate as of 8/28/20.

The COVID-19 crisis is causing private companies to re-evaluate the type of financial statements they should generate for 2020. This information was accurate as of 8/28/20.

The pandemic has put a renewed emphasis on the importance of employer-provided health care benefits. The federal government has even passed COVID-19-related relief measures for some tax-favored accounts. This information was accurate as of 8/26/20.

According to the IRS, millions of eligible Americans have already received their Economic Impact Payments (EIPs) as part of the CARES Act, via direct deposit or paper checks. Others are still waiting. Here are some answers to questions you may have about EIPs. This information was accurate as of 8/25/20.

The (CARES) Act made changes to excess business losses. This includes some changes that are retroactive and there may be opportunities for some businesses to file amended tax returns. This information was accurate as of 8/24/20.

A federal trial court recently invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations implementing the paid leave provisions of the Families First Coronavirus Response Act (FFCRA). This information was accurate as of 8/21/20.

Some companies have pivoted during the COVID-19 pandemic to address the changed circumstances of daily life. Take a fresh look at your brand and determine whether tweaks or even a major overhaul may be in order. This information was accurate as of 8/19/20.

With employees working from home and management focused on mitigating the COVID-19 crisis, ongoing fraud schemes and new scams may flourish. This information was accurate as of 8/17/20.

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security taxes for some people. This information was accurate as of 8/17/20.