New PPP Loan Forgiveness Application
New PPP Loan Forgiveness Application
New PPP Loan Forgiveness Application
Happy New Year! The President signed a new law that will affect businesses who received Payroll Protection Program (PPP) funds. Here is the good news: The PPP funds will be tax-free. Just as a [...]
Our December 2020 Recommendations on PPP Loan Forgiveness
Changes for Cash Charity Deductions Due to changes in the tax law, almost 90% of individuals who file a tax return in 2020 will be claiming the standard deduction on their return. In past years, [...]
Our December 2020 Recommendations on PPP Loan Forgiveness
How Entity Structure Can Impact Tax Liability? Are you the owner of a trade or business? If so, what type of entity are you, e.g., Sole Proprietor, LLC, or C-Corporation? Did you elect to be [...]
Our Current Recommendations on PPP Loan Forgiveness Status
How will working from home affect my income taxes? Many people have been working from home due to Covid-19. To understand how this effects your tax situation, we first need to identify how you [...]
2020 has been a hectic, life-changing, unusual year for many of us. I hope that you and your loved ones are safe and healthy. Many people are in a very different financial place than they were [...]