Covid-19 Updates From Reynolds + Rowella
Coronavirus relief law includes tax breaks for paid sick leave. Update
The coronavirus relief bill signed into law by President Donald Trump on Wednesday includes provisions for paid sick leave, family leave and medical leave, along with tax credits to help employers and the self-employed pay for them. The Families First Coronavirus Response Act (FFCRA), H.R. 6021, also includes provisions for free coronavirus testing, enhanced unemployment insurance, […]
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U.S. Delays April 15 Tax Payments for 90 Days for Most Americans
Treasury Secretary Steven Mnuchin announced Tuesday that his department has pushed back the April 15 deadline to pay taxes owed, giving individuals and many businesses 90 extra days to send payments to the government. Individuals can defer up to $1 million of tax liability and corporations get an extension up to $10 million. The payment […]
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COVID-19 (CORONAVIRUS) Federal Tax Filing UPDATE
Office Operation Update: Following national guidelines, Reynolds + Rowella will temporarily close our offices as of close of business Friday, March 20th. Our firm’s technology infrastructure and proactive business continuity plan will help to ensure that we can continue our work seamlessly to support our clients from out-of-the-office locations. IRS Tax Filing Update: Treasury Secretary […]
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COVID-19: Preparing Your Workforce
While Fairfield County has not yet become a COVID-19 ‘hot spot,’ it’s important for employers to begin preparing now, in the event that the virus takes a foothold in our area. Employers should begin by regularly monitoring recommendations from the CDC, public health agencies, and state officials. Below are additional steps employers can take to […]
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