COVID-19 Relief – White House Update

COVID-19 Relief – White House Update

On August 8, 2020, President Trump signed a series of executive orders following a standstill in COVID-19 relief negotiations. These executive orders include a payroll tax “holiday” for workers earning under $100,000, a new round of enhanced unemployment benefits, a...

COVID-19 Losses May Be Deductible on 2019 Return

On March 13, President Trump invoked the Stafford Act and declared a national emergency due to the COVID-19 pandemic. As a result, under Code Sec. 165(i), certain taxpayers may be able to deduct disaster losses that are attributable to COVID-19 on their 2019 return,...
BE-10 Benchmark Survey: U.S. Direct Investment Abroad

BE-10 Benchmark Survey: U.S. Direct Investment Abroad

The BE-10 Benchmark Survey is due every five years.  It applies to U.S. individuals or entities that had a direct or indirect ownership or control of at least 10 percent of the voting stock of an incorporated foreign business or an equivalent interest in an...

NFP COVID-19 ALERT

On March 24, 2020, the Health Resources & Services Administration (HRSA) announced the release of $100 million in fiscal year 2020 COVID-19 funding for community health centers (CHC). The awards range from approximately $50,000 to more than $300,000 with an...