You may have heard the President has taken executive action to defer the employee portion of some workers’ Social Security taxes. Here’s a look at the issue.

Posted on August 27, 2020 by CD Bradshaw & Associates, P.C.
You may have heard the President has taken executive action to defer the employee portion of some workers’ Social Security taxes. Here’s a look at the issue.
Posted on August 21, 2020 by CD Bradshaw & Associates, P.C.
Businesses that received PPP loans should be aware of the tax consequences. Here’s a look at the issue.
Posted on August 13, 2020 by CD Bradshaw & Associates, P.C.
Using an executive action, President Trump defers payroll taxes from Sept. 1 through the end of the year. But there are many unanswered questions.
Posted on July 21, 2020 by CD Bradshaw & Associates, P.C.
A tax form that used to be filed back in the 1980s is coming back for 2020. Here’s what businesses need to know.
Posted on July 14, 2020 by CD Bradshaw & Associates, P.C.
Once your 2019 tax return has been filed, there still may be some issues to consider. We’re often asked about refund status, record retention and amended tax returns. Here are some answers.
Posted on July 9, 2020 by CD Bradshaw & Associates, P.C.
Millions of people have already received their Economic Impact Payments, which are being sent by the government to help mitigate the effects of COVID-19. In some cases, the payments should be returned.
Posted on July 7, 2020 by CD Bradshaw & Associates, P.C.
IRS guidance has provided relief to individual taxpayers affected by COVID-19 who take distributions or loans from retirement plans and offers guidance to employers regarding the administration of loan relief.
Posted on July 1, 2020 by CD Bradshaw & Associates, P.C.
If you need money due to COVID-19, you may be able to take a tax-free “coronavirus-related distribution” from a retirement plan. The IRS has released guidance explaining who qualifies for one of these distributions.
Posted on June 25, 2020 by CD Bradshaw & Associates, P.C.
A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.