Working at Home? Don’t Overlook These Deductions

Working at Home? Don’t Overlook These Deductions

August 7, 2020 …   Whether you claim a business office in the home or are simply working at home, say because of COVID-19, you likely have some former personal assets that you now use for business. If you thought new tax deductions, bingo! Say you don’t...
PPP Loan Forgiveness Clarified for the Self-Employed

PPP Loan Forgiveness Clarified for the Self-Employed

July 24, 2020 … How much is clarity worth? And how much is making things easier worth? A whole lot! We now have both the new (a) clarity and (b) easy road to Paycheck Protection Program (PPP) loan forgiveness for the self-employed with no employees. Get ready to...
August 31: Last Day to Undo Your 2020 RMDs

August 31: Last Day to Undo Your 2020 RMDs

July 15, 2020 …   Tax day is finally here, July 15! If you need more time, it’s easy to get an automatic filing extension to October 15, and we can help you with that. But, there is another deadline coming up: August 31, 2020. For those of you who...
Strategy: Hire Family to Create Tax Benefits

Strategy: Hire Family to Create Tax Benefits

July 9, 2020 … As you know and have likely experienced, many small businesses have been hurt by the COVID-19 crisis.  Making smart moves right now can help ensure you emerge from the COVID-19 crisis and its aftermath a winner. In this article, we explain why one...
Tax Notes: Tax Day Around the Corner

Tax Notes: Tax Day Around the Corner

July 2, 2020 …   We wish you a happy Fourth of July and as  we celebrate Independence Day with BBQs, fireworks, family and friends, let’s remember the words of Oliver Wendell Holmes, “One flag, one land, one heart, one hand, One Nation...
PPP Loan Deadline: June 30, 2020

PPP Loan Deadline: June 30, 2020

June 23, 2020 …   If your business is struggling and you didn’t apply for the Paycheck Protection Program (PPP) loan, there is still some time. The application deadline for the PPP loan is June 30, 2020. And, as of last Tuesday, some $130 billion in...