May 6, 2020 Update: One day after this blog post, the Oregonian published an article that appeared to be based partly on this post. The Department of Revenue has now decided that forgiven PPP loans will not be subject to the commercial activity … [Read more...] about Oregon Considers Taxing Forgiven PPP Loans
In response to the deepening coronavirus crisis, Congress passed the Family First Coronavirus Response Act (FFCRA), effective April 1, 2020. The emergency paid sick leave portion of that legislation potentially applies to all employees who cannot … [Read more...] about Paid Leave Under the Families First Coronavirus Response Act
We still do not know the full extent of the health or financial impact of the Coronavirus. The impact of the social distancing measures imposed to curb the spread of the Corona virus is not known, and will not be for some time. What we do know is that … [Read more...] about Coronavirus Insurance: Do you already have it?
The Coronavirus’ impact is not limited to health. It is having a severe impact on our economy as well – What we will call the e-Corona infection. As increasingly severe social distancing restrictions are imposed in efforts to curb the spread of the … [Read more...] about Do You have an E-Corona Infection – a.k.a. -Did Coronavirus Kill Your Contract?
The 2020 tax season is underway, but millions of Americans have yet to start preparing their tax returns. Earlier this week, in response to the COVID-19 pandemic, Treasury Secretary Steven Mnuchin offered taxpayers a 90-day reprieve on paying their income … [Read more...] about COVID-19 Prompts IRS to Delay Tax Payment Deadline