The IRS and the Wisconsin Department of Revenue have extended the due date for filing 2020 individual income tax returns from April 15, 2021 to…
FOSMarch 22, 2021
In FOS’s January 27, 2021 Client Alert, we noted that Wisconsin had not yet followed the IRS’s lead in allowing expenses paid with Paycheck Protection…
FOSFebruary 19, 2021
Business entities such as corporations and limited liability companies are formed for many reasons, including to shield their owners from personal liability for corporate acts.…
FOSFebruary 9, 2021
Approximately one year into the COVID-19 pandemic, the virus continues to disrupt many business’ operations. One way employers and employees can help protect against the…
FOSFebruary 3, 2021
One important provision of the Consolidated Appropriations Act enacted in December 2020 allows expenses paid with Paycheck Protection Program (“PPP”) loans to be fully deductible…
FOSJanuary 27, 2021
From April 1, 2020 through December 31, 2020, the Families First Coronavirus Response Act (the “FFCRA”) required employers to provide eligible employees with up to…
FOSJanuary 21, 2021
Many taxpayers’ calendars have bold stars marked on the date when their tax returns are due. Unless anticipating a large refund, few know, and fewer…
FOSJanuary 18, 2021
After several days of uncertainty, the President last night (December 27, 2020) signed into law the Consolidated Appropriations Act. The Act provides roughly nine hundred…
FOSDecember 28, 2020
Individuals and businesses have been anxiously awaiting further Congressional relief for the continuing economic problems resulting from the COVID-19 pandemic. Late yesterday (December 21, 2020),…
FOSDecember 22, 2020