UPDATES&INSIGHTS:TAX is a HoganTaylor Tax practice publication designed to help you keep up with the latest tax issues impacting your organization.

In This Issue:

Charitable Giving in a Time of Crisis

The sudden and severe impact of the novel coronavirus (COVID-19) pandemic has generated an intense need for charitable action. This article outlines tax incentives under the CARES Act for charitable giving and suggests some careful steps to take before donating. Read More

Don’t Forget About the Payroll Tax Credit

If your company has been able to keep some or all of its workers on its payroll, remember that you may still be able to qualify for the payroll tax credit created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This article discusses the details of this potentially valuable tax break. Read More

Installment Sales May Attract Property Buyers

Many businesses and individuals are unexpectedly looking for liquidity this year. One way to raise cash is to sell off real property, though finding ready buyers has gotten more difficult. This article discusses one potential solution: an installment sale. Read More

Protecting Yourself From Opportunistic Fraud

The novel coronavirus (COVID-19) crisis this year has created ample opportunities for dishonest individuals and criminal organizations. This article suggests various protective actions to take to avoid becoming a victim. Read More

Tax Calendar

This calendar notes important tax deadlines for the third quarter of 2020. Read More