Entries by Kevin Kaye

Tax Scam Alert!

We need to be more careful than ever! Scammers and con-artists are at an all-time high due to the worldwide shutdowns. AFS Taxsavers have your back to protect you against IRS scammers by keeping you informed. Call us for any updates or more information @ (734) 464-3660 📞

State of Michigan Department of Treasury: Business Taxpayers Can Pay Monthly, Quarterly Sales, Use and Withholding Tax in May

April 14, 2020 Certain businesses that have experienced disrupted operations due to the COVID-19 pandemic now have even more time to make monthly or quarterly sales, use and withholding tax payments, according to the Michigan Department of Treasury. Business taxpayers scheduled to make sales, use and withholding tax payments for March and April or for […]

Starting Monday April 13th Applications will be in place for the Self-employed, 1099-Contractors, and Gig workers

Starting Monday April 13th Applications will be in place for the Self-employed, 1099-Contractors, and Gig workers These workers will start to receive the State and Federal benefits as early as April 20th Self-employed workers, gig workers, 1099-independent contractors and low-wage workers who have previously applied for unemployment benefits and have been denied should login to […]

Grant For Hospitality Industry

The Michigan Hospitality Industry Employee Relief Fund, supported by the Michigan Restaurant & Lodging Association Educational Foundation, is designed to assist employees of Michigan’s restaurant and lodging industry who are in need of support after the COVID-19 pandemic. Funds will be granted to individuals that can demonstrate need and proof of hospitality industry employment as […]

Update on Unemployment for Self-employed, Contractors, Gig, and Low-wage Workers Coming in Next Couple of Days

The governor, under the federal CARES Act, signed an agreement between Michigan and the U.S. Dept. of Labor to implement Pandemic Unemployment Assistance and Compensation programs that grant benefits to workers who do not already qualify for state unemployment benefits. Workers include self-employed, 1099-independent contractors, gig, and low-wage workers who can no longer work because […]

Payroll Protection Loans

In a move designed to keep small businesses afloat, the CARES Act provides that businesses with fewer than 500 employees — including sole proprietors and nonprofits— will have access to nearly $350 billion in loans. A separate section of the CARES Act calls for a portion of the paycheck protection loans to be forgiven on […]

Stimulus Package Updates – Unemployment Benefits

The new stimulus package boosts unemployment insurance.  This boost will allow people to receive an extra $600 a week in unemployment benefits for up to 4 months – on top of the amount they get from the State.  The relief package would also provide unemployment benefits to self-employed and contract workers, who typically aren’t eligible, […]

Stimulus Package Will Give Americans One-Time Direct Payment

Under the legislation, single Americans would receive a onetime payment of $1,200, married couples would get $2,400, and parents would see $500 for each child under age 17. However, the payments would start to phase out for single individuals with adjusted gross incomes of more than $75,000, and those making more than $99,000 would not […]