SEnate Passes PPP Fix which will allow more flexibility in using the PPP funds passed the Senate on June 3.
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Colin Blalock joins Erik Christensen of Bulldog Movers to discuss issues relative to where we are today.
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Food and financial insecurity have increased during the coronavirus (COVID-19) pandemic. If your business is donating to charity to help ease the pain, you may be eligible for enhanced charitable donation deductions.
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The tax consequences of obtaining PPP loan forgiveness and other federal relief options can prove complicated, especially with the IRS and the U.S. Treasury Department regularly releasing new regulations and guidance. We can help you keep up with the latest developments and what they mean for you.
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May 14, 2020, is the revised deadline to repay Paycheck Protection Program loans for borrowers who have chosen the Small Business Administration’s “good faith” self-certification of eligibility option.
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The CARES Act includes favorable changes to the rules for deducting net operating losses (NOLs). Here’s how.
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The just-passed $484 billion Interim Stimulus Plan, among other things, replenishes Paycheck Protection Program funds.
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A drafting error by Congress meant that some improvements to interior parts of nonresidential buildings had to be deducted over 39 years. But a new law that provides COVID-19 relief fixes the error and may result in revenue for eligible businesses.
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As a business with employees, you may have questions about the new employee retention tax credit. Here are some answers.
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Small Business Funding Application is now available.
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The CARES Act includes several tax-related provisions to help businesses survive the coronavirus (CoVID-19) pandemic.
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Another coronavirus (COVID-19) law has been enacted and it provides some relief to businesses and employers that are suffering. This article provides some highlights.
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In response to the coronavirus (COVID-19), Congress and the IRS have recently provided tax relief to businesses. Here’s a brief rundown.
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Saving money for retirement is important to a business owner’s financial security. If you haven’t set up a retirement plan for yourself and your employees for 2019, you may still be able to do so, and reduce your tax liability for last year.
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When it comes to executive compensation, C corporation owners need to keep it “reasonable.” Here’s why.
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Do you operate your business from home or perform certain functions at home that are related to your business? You might be able to claim home office deductions on your tax return.
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If you conduct your business as an S corporation, you’ll be subject to income tax, but not self-employment tax, on your share of the S corporation’s income. Could this be the entity for you?
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There are many ways to conduct a business for tax purposes, including as an S corporation or a partnership. But many new ventures start out as sole proprietorships. Here are nine tax rules and considerations involved in operating as that entity.
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Employers in the food and beverage industry may be eligible for a valuable tax break with the FICA tip credit. Here’s how it works.
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