On Friday evening August 7, 2020, U.S. President Donald Trump signed a presidential memorandum on, “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster”. While the memo (some have erroneously titled this an executive order) claims to help employees by deferring payroll tax collection until 2021, it creates a massive tax risk for ... [Read more]
Insights and Analysis
The Team at Alliance Law Firm International PLLC wishes all who celebrate a happy 4th of July. May it bring light and hope in to our lives.
On March 27, 2020, Congress passed and the administration signed the third in a series of major Coronavirus relief bills called the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The purpose of the Bill is to stimulate the American economy during the Coronavirus pandemic. The CARES Act is arguably the largest change to ... [Read more]