Small business owners may have questions about the new sick leave policy. Check this out on the IRS website:
https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
IRS.GOV
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave | Internal Revenue Service
As many of you know the Trump administration has officially delayed the filing deadline to July 15. They also recommend that if you are due a refund to go ahead and file your return so you can get your refund sooner rather than later. At Robideau CPA we stand ready for you to meet your filing needs. If you have special needs during this time please feel free to call to make arrangements.
We remain faithful to our clients during the current crisis. We are still open for business to take care of your tax preparation needs. Your health and safety as well as the health and safety of our staff are very important to us. With this in mind we have currently and temporarily suspended in person consultation appointments.You are still free to drop your information off at our office or send it to us electronically. Also for your convenience there is a slot in our front door to use if you prefer to limit your face to face contact. Call us and let us know how we can can best serve your individual needs.
This is not intended to be a political post. I draw your attention to your annual statement from the Social Security Administration. The one that tells you what your estimated benefit is going to be when you retire.. Read the fine print below the numbers. It says that "by 2035 the payroll taxes collected will be enough to pay only 80 percent of scheduled benefits." Just saying.. You should consider this when planning for your retirement