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Launching A Business? How To Treat Start-Up Expenses On Your Tax Return

While the COVID-19 crisis has devastated many existing businesses, the pandemic has also created opportunities for entrepreneurs to start-up new […]

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Business Charitable Contribution Rules Have Changed Under CARES Act

In light of the novel coronavirus (COVID-19) pandemic, many businesses are interested in donating to charity. In order to incentivize […]

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IRS Releases 2021 Amounts for Health Savings Accounts

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA Basics An HSA is a trust […]

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Received a PPP Loan? Forgiven Expenses Aren’t Deductible

The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program […]

Business man sitting at a computer thinking about 2020 taxes

Thinking About Taxes? Things to Consider in 2020

At the moment, tax rates are at historic lows. We have record deficits and are looking to add more. Where […]

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Make Sure Independent Contractors Are Properly Classified

As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But […]

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Part of the Paycheck Protection Program? Know This

The Paycheck Protection Program (PPP) established by the U.S. Government as part of the CARES Act is designed to help […]

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Key Things to Know About Your Stimulus Payment

To help you wade through all the information about the COVID-19 stimulus payment, also known as the Economic Impact Payment, […]

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Relief From Not Making Employment Tax Deposits Due to COVID-19 Tax Credits

The IRS has issued guidance providing relief from failure to make employment tax deposits for employers that are entitled to […]

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Will Your Business Receive a PPP Payment?

During the COVID-19 health emergency, will your business receive a PPP payment? The funds from the PPP (paycheck protection program) […]