IRS makes it easier to set up payment agreements; Offers other relief to taxpayers struggling with tax debts

The Internal Revenue Service today announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more easily settle their tax debts with the IRS. The IRS assessed its collection activities to see how it could apply relief for taxpayers who owe but […]

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More tax deadlines extended

IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others WASHINGTON — To help taxpayers, the Department of Treasury and the Internal Revenue Service announced today that Notice 2020-23 extends additional key tax deadlines for individuals and businesses. Last month, the IRS […]

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IRS issues warning about Coronavirus-related scams

IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments WASHINGTON — The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts […]

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SBA Loan Information

With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds Release Date: Tuesday, March 31, 2020 Release Number: 20-29 Contact: Press_Office@sba.gov, (202) 205-7036 WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security […]

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Paycheck Protection Program (PPP)

An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Program Overview The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if […]

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