Covid-19

Last-Minute Strategies for Businesses that Deferred Filing Tax Returns

June 30th, 2020|Categories: Accounting, Burns Firm, Business, Covid-19, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation, Tax Return|Tags: , , , , , , , |

During the COVID-19 crisis, some key tax deadlines were postponed until July 15, 2020. If your business and/or personal federal income tax return is still awaiting completion, you may have [...]

What Qualifies as a “Coronavirus-Related Distribution” From a retirement Plan?

June 23rd, 2020|Categories: Coronavirus, Covid-19, Retirement Plan|Tags: , , , , , , , |

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without paying tax. So [...]

Can Your Business Survive and Even Thrive in These Trying Times?

May 28th, 2020|Categories: Accounting, Business, CARES Act, Coronavirus, Covid-19|Tags: , , , , , , , , |

The novel coronavirus (COVID-19) pandemic has caused difficulties for millions of businesses — from family-owned restaurants and niche manufacturers to multinational airlines and oil companies. As the economy slowly reopens [...]

Boosting the Productivity of Remote Workers

May 14th, 2020|Categories: Accounting, Burns Firm, Business, CARES Act, Coronavirus, Covid-19, Tax|Tags: , , , , , , , , , |

Even while conditions in some states have improved enough to allow some workers in exile to begin returning to their workplaces, life is not likely to return to normal for [...]

Do you have tax questions related to COVID-19? Here are some answers

May 5th, 2020|Categories: Accounting, Burns Firm, CARES Act, Coronavirus, Covid-19, Services, Tax, Tax Credits, Tax Deductions, Tax Return|Tags: , , , |

The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I am working from [...]

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