The House Passes $2 Trillion Relief Bill

The House Passes $2 Trillion Relief Bill

Houston, TX (March 27, 2020) – As expected, the House passed a $2 trillion relief bill on Friday benefiting US taxpayers and businesses impacted by the COVID-19 virus. Next, the bill is expected to be immediately signed by President Trump. The bill unanimously...
IRS Unveils New People First Initiative

IRS Unveils New People First Initiative

Houston, TX (March 26, 2020) – The IRS, in news release IR-2020-59, announced the People First Initiative which will provide relief for taxpayers facing uncertainties related to taxes. The IRS will share specific information regarding the implementation of these...
Treasury Announces Tax Payment Relief

Treasury Announces Tax Payment Relief

Houston, TX (March 18, 2020) – Today, Treasury Secretary Steven Mnuchin announced that individuals can defer tax payments up to $1 million for 90 days and corporations can defer tax payments up to $10 million for the same period. Specific details on tax payment relief...
Coronavirus Update – SEC Provides Relief

Coronavirus Update – SEC Provides Relief

Houston, TX (March 26, 2020) – The Securities and Exchange Commission (SEC) announced that it is extending the filing periods covered by its previously enacted conditional reporting relief for certain public registrant filing obligations under the federal securities...
Coronavirus Update – Sick Leave Benefits

Coronavirus Update – Sick Leave Benefits

Houston, TX (March 17, 2020) – For several weeks, the media has been reporting on the Coronavirus (COVID-19) and high number of individuals affected by the disease. Initially, reports centered on the high number of cases and deaths in Wuhan, China, and the measures...
Calvetti Ferguson’s COVID-19 Update

Calvetti Ferguson’s COVID-19 Update

Houston, TX (March 16, 2020) – We are writing to let you know what we’re doing to respond to the needs of our team members and clients. As the impact of the Coronavirus continues to evolve, our firm’s attention is on the safety and well-being of team members,...