The Families First Coronavirus Response Act is a new law passed in late March that offers COVID-19 assistance for both employees and employers.

This new law provides businesses with fewer than 500 employees the funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members.

Here are the details of the new law’s benefits:

In this issue:

• Preview of Some Key 2015 Tax Figures
• A Cheaper Hotel Stay
• Business Use of your Home
• A tax deduction under your nose?
• No Such Thing as a Free Lunch?

The Month of May:October 1st:

•     October 1st:  SIMPLE IRA plan establishment due
•     October 15th:  Extension tax return filing deadline
•     October 31st:  Halloween