Suspension of Non-Corporate Loss Limitation

Alternative Minimum Tax

Individual Relief and Assistancea

Federal funding is provided for unemployment benefits for workers adversely impacted by COVID- 19

All payments of principal and interest for certain federal student loans are suspended

New Credit Reporting Act

Borrowers under federally backed family mortgages may submit a forbearance request if they are experiencing financial hardship due to the COVID-19 crisis. The lender must grant the request, without penalties, fees or interest, for a period of up to 180 days (subject to another 180 day extension at borrower’s request)

The CARES Act provides additional relief with respect to distributions and participant loans under defined contribution plans, funding relief for defined benefit plans and enhanced flexibility for health care options and tuition assistance. The deadline for amending retirement plans for these changes is the last day of the first plan year beginning on or after January 1, 2022.

During this pandemic, coping with the disruption in your normal routine may be stressful. Isolation may leave you feeling like you have no control. You may feel cut off from the rest of the world and experience cabin fever, leading to irritability or emotional exhaustion.

Public health experts have been recommending that companies encourage employees to work from home to prevent the potentially deadly coronavirus from spreading around offices, on public transit and elsewhere. But sometimes remote work isn't possible: Millions of Americans need to be physically present to do their work.

Be on the lookout for a surge of calls and emails from scammers trying to cheat you with promises of financial relief, just when you may be feeling desperate. Tax-related fraud and identity theft scammers are out and about looking to make a quick — and crooked — buck.

You're far too busy to leave the office so you'll just have your lunch at your desk, right? Click through to find out why skipping your lunch break can mess up your workday, your health and even your career.

Many businesses have enhanced their online presence as a result of the COVID-19 pandemic. These businesses need to be aware of the many challenges associated with collecting sales tax on internet sales. Click through to learn how to transition smoothly to online sales.

Many people think they can take a home office deduction, but that isn't always the case. At-home workers need to pay particular attention to the complex rules. Click through to see who can take this deduction and under what circumstances.