We know you rely on PKF Texas to provide you with information to assist you when evaluating and making critical business decisions. With this in mind, we want to share with you a special tax briefing which summarizes the following:

  • New Law Mandates Paid Leave
  • Tax Credits Provided for Paid Leave
  • Tax Payment Due Date Moved to July 15
  • IRS issues additional guidance

 

 

The briefing may be downloaded here or by clicking the image above.

We will send further guidance related to today’s announcement about the extension of the April 15, 2020 tax filing deadline as soon as it becomes available from the IRS.

Additionally, we are keeping PKFTexas.com/COVID-19 up-to-date with information and resources to assist you as we all navigate these quickly-changing times.

If you have questions about how the information in this briefing applies to your tax situation, please connect with your PKF Texas tax team members.