The Small Business Administration (SBA) announced that PPP loans reopened the week of January 11. Here’s a look at the tax consequences.
Here are some highlights of the Consolidated Appropriations Act of 2021 (CAA), including business meal deduction and PPP loan forgiveness changes.
New guidance for the PPP program has been released related to second-draw PPP loans that were authorized by the Consolidated Appropriations Act.
If you are closing a business, we’re here to assist you in any way we can, including taking care of the various tax obligations that must be met.
The CARES Act eases the rules for claiming certain tax losses and liberalizes rules for NOL carryforwards. Here’s a look at the modifications.
The CARES Act temporarily relaxes the limitation on deductions for business interest expense. Here’s the story.
As the year draws to a close, year-end tax planning may be more important than ever before. Here are three strategies to consider.
Guidance on the Presidential Memorandum related to the payroll tax deferral was released late Friday. Here are the key points.
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.
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.