Recordkeeping Challenges for PPP Loan Recipients The Paycheck Protection Program (PPP) has helped millions of businesses cope with the consequences of the COVID-19 shutdown. But, like… More on this story
PPP Loans & Tax Deductions Tax planning and tax compliance are going to be more important than ever for any business owner continuing to weather… More on this story
Retroactive Tax Relief for COVID-19 Losses While stimulus checks and forgivable loans have received a lot of attention during the COVID-19 shutdown, businesses should not overlook… More on this story
Charitable Giving and COVID-19 The impact of the COVID-19 pandemic has created much financial stress, but the crisis has also generated an intense need… More on this story
The Extended Tax Deadline is Fast Approaching The month of July is just around the corner, which means the extended tax filing and payment deadline is upon… More on this story
Keeping up with the Net Operating Loss Rules When a trade or business’s deductible expenses exceed its income, a net operating loss (NOL) generally occurs. When filing your… More on this story
Employee Retention Tax Credit Information As part of the CARES (Coronavirus Aid, Relief, and Economic Security) Act, your company may be eligible for the employee… More on this story
Deferral of Employment Tax Deposits and Payments The CARES Act allows employers to defer the deposit and payment of the employer portion of Social Security payroll taxes… More on this story
Tax Deadlines Continue to Be Shifted There has been an abundance of news releases lately regarding the moving for tax deadlines. We know all of the… More on this story
Tax Deadline Moved Due to COVID-19 President Donald Trump has advised the U.S. Department of Treasury to move the tax deadline from April 15, 2020 to… More on this story