Payroll Protection Program: Expense Deductibility Update
The IRS has confirmed its guidance that 2020 business expenses paid for with Paycheck Protection Program (PPP) loan proceeds are not tax deductible.
The IRS has confirmed its guidance that 2020 business expenses paid for with Paycheck Protection Program (PPP) loan proceeds are not tax deductible.
Withdrawing from your traditional IRA requires planning and understanding of how the distributions work.
Covid-19 has forced many businesses to close permanently. If your business has closed, we can help you take care of the many tax obligations that must be met.
From a tax perspective, how would a win for the Joe Biden-Kamala Harris ticket affect your personal and business taxes?
What tax records should be kept and what can be shredded and tossed?