Entries by admin-wxc

WXC Corporation and COVID-19

We hope everyone is staying safe and healthy! Like so many of you, we have spent the last several weeks learning about the coronavirus (COVID-19) and how it is impacting our world. This means understanding how it affects our employees and communities and then making the necessary adjustments to our operations. At WXC Corporation, we […]


Treasury, IRS and Labor announce Coronavirus-related paid leave for workers

WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief […]


Florida Small Business emergency bridge loan program

Eligibility & Loan Process Eligible Businesses Be a for-profit, privately held small business that maintains a place of business in the state of Florida. Be located in a designated disaster area. Eligible Florida counties per Executive Order 20-52 are: All counties statewide. Be established prior to March 9, 2020, the date of the designated disaster. […]


Tax Day now July 15: Treasury, IRS extend filing deadline

WASHINGTON — The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount […]


VoyageMIA interview with WXC Corporation CEO

Voyage Group of Magazines started in Los Angeles, with their flagship publication VoyageLA.  After generating our first million page views in LA they knew our content was resonating with the community. Since then, they’ve grown to a handful of other amazing cities, including Miami, with the help of an amazing network of friends, associates, local […]


IRS updates guidance on deductions for meals and entertainment

WASHINGTON — The Internal Revenue Service issued proposed regulations on the business expense deduction for meals and entertainment following changes made by the Tax Cuts and Jobs Act (TCJA). The 2017 TCJA eliminated the deduction for any expenses related to activities generally considered entertainment, amusement or recreation. It also limited the deduction for expenses related to food […]

Some popular tax benefits renewed for 2019

WASHINGTON ― The Internal Revenue Service reminds taxpayers that it is processing tax returns claiming benefits extended or changed by recent legislation. Most taxpayers can file when they are ready – and as they normally would – if they are eligible for one or more of these benefits and claim them on their 2019 federal […]


Florida Workers’ Compensation Compliance Notice

Verification of Workers’ Compensation Coverage Dear Business Owner, The Department of Financial Services, Division of Workers’ Compensation (Division) is conducting a workers’ compensation insurance awareness campaign. The purpose of this campaign is to educate and inform business owners about Florida’s workers’ compensation coverage requirements. Your business may need to obtain workers’ compensation insurance, based upon […]


6 Security Measures That Protect Small Businesses

Most companies have experienced at least one instance of check theft, in which a bad actor washed a legitimate check and cashed it. Cases of check theft dipped in the early 2010s as companies and banks shored up their security. Most companies have experienced at least one instance of check theft, in which a bad […]