Earlier today, the Senate passed S. 3841 by unanimous consent. The bill, which was first introduced by Senators Chuck Grassley (R-IA), Sherrod Brown (D-OH), Ron Wyden (D-OR)
Read MoreTag: CARES Act
IRS Reminds Taxpayers That RMDs From Retirement Accounts Are Not Required In 2020
The Internal Revenue Service (2020) has issued a reminder to taxpayers that they are not required to take money out of their individual retirement accounts (IRAs) and
Read MoreIRS Makes Updates To Employee Retention Credit FAQs
As the COVID-19 crisis continues to roil the economy, all eyes seemed to be focused on the Paycheck Protection Program (PPP). But that’s not the
Read MoreHere’s What’s In The CARES Act
(Note: On March 27, 2020, the House approved this bill.) It’s been a long week on the Hill, but the Senate has finally reached an
Read MoreSenate Has Reached Agreement On Stimulus Package
(Update: The bill passed the Senate on 3/25/2020.) “It’s good news,” said Senate Majority Leader Mitch McConnell (R-KY) early Wednesday morning. McConnell continued, “At last,
Read More10 Ways The Senate & House Stimulus Bills Are Similar
(Update: A compromise bill passed the Senate on 3/25/2020. You can read more here.) Last week, Senate Republican leaders released their version of a stimulus package,
Read MoreHouse Introduces Huge Stimulus Bill
(Update: A version of the bill passed the Senate on 3/25/2020, and is expected to pass the House.) Last week, the Senate introduced what I described as
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