COVID-19 Employer Tax Relief Available for PPP Borrowers President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES...
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Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355
Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355 On February 18, 2020 Assembly Member Rob Bonta introduced AB 2355, which seeks to amend California Fair Employment and Housing Act to require employers to provide...
Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus
Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus The Federal Trade Commission (FTC) and U.S. Food and Drug Administration (FDA) announced that they have sent warning letters to companies allegedly selling unapproved...
IRS Announces Temporary Procedures To Fax Forms 1139 And 1045 Due To COVID-19
IRS Announces Temporary Procedures To Fax Forms 1139 And 1045 Due To COVID-19 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and...
Where Is My IRS Economic Impact Payment?
Where Is My IRS Economic Impact Payment? IRS Releases Web-based Portal For Non-filers And Taxpayers For Whom IRS Does Not Have Your Direct Deposit Information. Deadline to enter your information on this portal is 12:00PM Eastern Time, Wednesday, April, 22, 2020. On...
A Tax Benefit In The COVID-19 Stimulus Package Available To Cannabis Businesses
A Tax Benefit In The COVID-19 Stimulus Package Available To Cannabis Businesses Deferral of Employer Social Security Taxes – A Benefit That Should Be Available To Cannabis Businesses On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known...
IRS Continues To Expand Tax Relief From COVID-19
IRS Continues To Expand Tax Relief From COVID-19 On April 9, 2020 the IRS announced additional relief for taxpayers extending deadlines to July 15, 2020 including the 2nd quarter estimated tax payment that would have been due June 15, 2020. IRS Coronavirus Tax Relief...
Canadian Cannabis Businesses Getting Their Share Of Canada’s COVID-19 Stimulus Package
Canadian Cannabis Businesses Getting Their Share Of Canada’s COVID-19 Stimulus Package Any chance the U.S. Government will follow suit and treat cannabis businesses fairly? Export Development Canada (EDC) together with the Business Development Bank of Canada (BDC) and...
Update To State Of California COVID-19 Tax Relief
Update To State Of California COVID-19 Tax Relief FTB Coronavirus Tax Relief The California Franchise Tax Board (“FTB”) has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus and as information becomes...
Has Your Business Claimed Funds In The Paycheck Protection Program Under The Coronavirus Aid, Relief and Economic Security Act?
Has Your Business Claimed Funds In The Paycheck Protection Program Under The Coronavirus Aid, Relief and Economic Security Act? On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security...