Dealership News

Update to Notice 2020-18: Gift and Generation-Skipping Transfer

Update to Notice 2020-18, Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, Related to Gift and Generation-Skipping Transfer On March 27, 2020, IRS released Notice 2020-20 which provides relief to taxpayers who have Federal gift (and generation-skipping transfer) tax returns and payments due on April 15, 2020.  The April 15, 2020 deadline is…

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Update to Notice 2020-18: Gift and Generation-Skipping Transfer

Update to Notice 2020-18, Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, Related to Gift and Generation-Skipping Transfer On March 27, 2020, IRS released Notice 2020-20 which provides relief to taxpayers who have Federal gift (and generation-skipping transfer) tax returns and payments due on April 15, 2020.  The April 15, 2020 deadline is…

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Ohio Tax Filing Deadline Moved to July 15

House Bill 197 moves Ohio tax deadline, addresses numerous other topics On Friday March 27, 2020, Ohio Governor Mike DeWine signed into law House Bill 197.  This legislation provides emergency relief in response to the coronavirus pandemic.  Since the bill contained an emergency clause, the provisions took effect upon the Governor’s signature. While many of…

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Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

CARES Act signed into law On March 27, 2020, Congress passed the $2 trillion stimulus package known as the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). President Trump signed the Act into law shortly thereafter. The CARES Act is very broad and contains provisions for Small Business Administration loans, assistance to distressed sectors,…

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Employee Rights: Families First Coronavirus Response Act

Employee Rights: Paid Sick Leave And Expanded Family And Medical Leave Under The Families First Coronavirus Response Act The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. These provisions will apply from…

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