The CARES Act made changes to excess business losses, including some changes that are retroactive and some that may create opportunities to file an amended return.
Nexus as a tax concept is nothing new, but it has wrestled its way into our mainstream news outlets in recent years. At first, it was economic presence that topped the headlines, …
On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security taxes for some people.
A few provisions of the CARES Act have provided some financial relief to retirees and retirement savers. Here are three highlights.
If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax …
As contractors continue to work back toward normalcy, it’s critical to learn from recent experience and apply those lessons to put a plan in place for the future.
You may be required to submit a cash transaction report to the IRS if you receive large amounts of cash or cash equivalents.