Articles

April 03, 2020 | Posted in:

COVID-19 Tax Summary [Video]

There is a lot of information circulated each and every day on the COVID-19 pandemic and legislative changes. For a short-and-sweet recap on what you need to know regarding your taxes, we present the following video.

COVID-19 Tax Update for Individuals and Businesses

Please check back as this video will be updated as necessary.

Top COVID-19 tax facts covered

· Tax deadline automatically extended for 90 days for income tax payments, self-employment tax payments, Q1 2020 estimated tax payments. See more→

· Families First Coronavirus Response Act (FFCRA): details on new paid sick leave for COVID-19 illness and quarantine. See more

· One-time stimulus payments of $1,200 per individual and $2,400 per couple. See more→

 

Turn to a Tax Professional

Alloy Silverstein’s tax experts continue to work for our clients. If you have tax questions or would like a virtual tax planning meeting, please contact us.

COVID-19 Resource Center from Alloy Silverstein CPA Firm Accountants and Advisors NJ

Author:

Empowering business owners and individuals in South Jersey and Philadelphia to feel confident through proactive accounting and advisory solutions.

About Us →    Our Solutions →    Follow @AlloyCPAs on Twitter →    

JB Financial Associates is now Alloy Silverstein.
This is default text for notification bar