In 2020, individuals and businesses can take advantage of temporary changes regarding charitable contributions. Individuals can deduct qualified contributions of up to 100 percent of their adjusted gross income in 2020. Corporations can deduct qualified contributions of up to 25 percent of their taxable income. Any contributions exceeding that amount can carry over to the next tax year 2021.... continue reading →
A variety of changes are underway for individuals and businesses as a result of the pandemic. We hope that this page will help you understand some of the changes, and how they might affect you. Here, you will find links to articles that might be helpful. Employers – Sick and Family Leave Reporting Employers will be interested in reporting... continue reading →
