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IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others

 April 14 2020
To help taxpayers, the Department of Treasury and the Internal Revenue Service announced on April 9, 2020, that Notice 2020-23 extends additional key tax deadlines for individuals and businesses. Last month, the IRS announced that taxpayers generally have until July 15, 2020, to file and pay federal income taxes originally due on April 15. No late-filing penalty, late-payment penalty or interest...

The CARES Act Provides Clarity for Health Benefits Plans Amongst Relief for Individuals and Businesses

 March 31 2020
The Coronavirus Aid Relief and Economic Security (CARES) Act was signed by the President on Friday afternoon, March 27, 2020.  The new legislation brings welcome clarity to several unanswered questions left looming under the Families First Coronavirus Response Act (FFCRA) signed earlier this month.  In addition to answering questions related to telehealth and COVID-19 testing, the new ru...

The CARES Act Impact: Key Provisions that Impact Your Retirement Plan

 March 31 2020
Coronavirus Aid, Relief and Economic Security Act (CARES Act) The CARES Act (Coronavirus Aid, Relief and Economic Security Act) is a 900 page “economic bazooka blast” of stimulus designed to help employers and individuals weather the disruption caused by COVID-19 Coronavirus. Admittedly we have not read the entire bill, but the HORAN Wealth Team continues attending many education sess...