Nov 29, 2020
Let’s talk about Biden’s proposed tax policies and how they will affect the individual taxpayer. There are ten key proposed changes that I want to discuss.
Accounting and Tax Articles
Nov 15, 2020
The Section 179 depreciation deduction for small businesses is a section in the internal revenue code that basically allows small business owners to accelerate their depreciation of fixed assets.
Nov 1, 2020
There is a misconception that if you own a business and you buy a vehicle under your business name that you can then “write off’ the vehicle on your income taxes.
Oct 18, 2020
There are several types of penalties that the IRS can assess. The penalties are assessed at different rates and are set for different time periods.
Oct 12, 2020
The primary reason for forming an LLC is for liability and asset protection.
May 17, 2020
The HEROES Act focuses on three pillars: opening our economy safely and soon, honoring our heroes and then putting much-needed money into the pockets of the American people
May 9, 2020
The latest developments in the CARES Act small business aid package contain both good news and not so good news for small businesses. Let’s expand on what we know at this point.
May 3, 2020
When the program was first introduced, Congress stated that the funds that are forgiven will not be included in your tax return as taxable income. However...
Apr 23, 2020
As the popular Paycheck Protection Programs continues to get additional funding, it's important to remember the key thing about this loan...