The Federal Reserve yesterday announced a series of actions authorized by the CARES Act to try to stabilize the economy

The Federal Reserve yesterday announced a series of actions authorized by the CARES Act to try to stabilize the economy amidst the fallout from the COVID-19 pandemic, including two measures targeted at helping hard-hit small and mid-sized businesses.

The IRS yesterday announced some relief for taxpayers currently engaged in a 1031 like-kind exchange, most notably that any 45-day or 180-day deadline that occurs between April 1 and July 14 is extended to July 15, 2020.

The U.S. Department of Labor (DOL) published a temporary rule Monday, April 6, 2020, that provides additional guidance on the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Leave Expansion Act (EFMLEA)

While much attention has been focused on the relief provided in the recently enacted CARES Act that targets individuals and small businesses impacted by the COVID-19 pandemic

There are many issues that a business must consider when a vendor, customer or other contact files for bankruptcy protection.

The Centers for Disease Control and Prevention (CDC) updated its guidance and on Friday, April 3, 2020, issued a recommendation on the use of cloth face masks

While the Stay at Home order issued last month by Illinois Gov. J.B. Pritzker as a result of the coronavirus (COVID-19) pandemic has numerous (and obvious) impacts on business , a perhaps overlooked aspect of social distancing and working from home

UPDATE: These FAQs have been updated to reflect recently released guidance from the SBA on affiliation rules.

The IRS has delayed the due date for filing 2019 federal gift and generation-skipping transfer (GST) tax returns and making federal gift and GST tax payments from April 15, 2020, to July 15, 2020.