COVID-19 Archives - Hayashi Wayland

PPP Legislation Signed by Governor

May 5, 2021 | COVID-19, Firm News

On Thursday, April 29^th, Governor Newsom signed California Assembly Bill 80 which partially conformed with the Federal tax treatment of PPP loans.

Extended Tax Deadline and Upcoming Tax Payments Due

April 12, 2021 | COVID-19, Firm News, Income Tax, Industry News

The recent news that the Treasury Department and Internal Revenue Service have extended the upcoming tax filing deadline continues to cause confusion for many people. Therefore, we are posting this important update to help provide more clarity.

Employee Retention Credit Guidelines

April 8, 2021 | COVID-19, Firm News

The second round of COVID relief was passed last month as part of the Consolidated Appropriations Act (CAA). This new Act enhances and extends the Employee Retention Credit (ERC) and now allows employers who previously received a PPP loan, to retroactively claim the credit as well by amending previously filed 941’s.

Tax Day for Individuals Extended to May 17, 2021

March 19, 2021 | COVID-19, Firm News, Industry News

The Department of the Treasury and IRS announced yesterday that the federal income tax filing due date for individuals for the 2020 tax year will be extended from April 15, 2021, to May 17, 2021.

Covid-19 Resources and Updates

March 11, 2021 | COVID-19, Firm News, Industry News

A comprehensive list of COVID-19 resources for your business. Check back often for updates.

COVID-19 Extensions to File and Pay Sales Tax

January 12, 2021 | COVID-19, Firm News

According to the California Department of Tax Fee Administration, returns due between December 15, 2020, and April 30, 2021, for all but the largest taxpayers,.

Answering Your 990 And Gala Questions In Light Of COVID-19

March 25, 2020 | COVID-19, Firm News, Nonprofit Organizations

With the new challenges facing our communities each day I wanted to provide a little clarity around some of the questions that we are getting.