June 2020 Newsletter
Tax Tips for Individual Taxpayers
Our Offices Are Open Full Time!
In accordance with Phase Two of reopening businesses in Virginia, which began June 12, 2020, both our Forum Office Park and Commonwealth Centre locations are now open M-F 9am-5pm EST. We encourage all clients to wear masks and take any other precautions you deem necessary. We also encourage our clients to consider using our Virtual Tax Pro service to get your taxes prepared on time, all from the comfort of your own home.
To learn more about Phase Two guidelines, you can visit the Virginia Department of Health website. To see our office locations, click here.
Tax Tips for Small Business Owners
From Forbes: IRS Offers Guidance On Employer-Sponsored Leave Donation Programs During COVID-19
As the numbers of those affected by COVID-19 continue to climb, the Internal Revenue Service (IRS) is providing guidance for employers whose employees take advantage of leave donation programs because of the COVID-19 pandemic. Learn More.
From The Guardian: How Your Accounts Reflect Coronavirus Could Affect Your Business’s Health
While many small businesses are struggling to stay afloat as the pandemic continues its wave across the US, many others are facing a different dilemma: accounting for the virus. Read More.