In April, the Internal Revenue Service (IRS) released Notice 2020-32 to address the deductibility of certain expenses relating to the Paycheck Protection Program (PPP). Ordinarily,…
Now that Joe Biden has been projected as the winner of the presidential election by major news outlets*, you may wonder if your federal taxes…
It’s no secret that the sudden shut-down of businesses across the country in response to the COVID-19 pandemic resulted in a dramatic increase in the…
According to data company Dun & Bradstreet, business identity theft increased more than 250% in the first half of 2020. You can thank the pandemic…
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we are here to assist you in any way…
If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your employees. There are several types…
Because of the economic impact of the COVID-19 crisis, many companies may want to conserve cash and not buy much equipment this year. As a…
If you’re planning to sell capital assets at a loss to offset gains that have been realized during the year, it’s important to beware of…
Nonqualified deferred compensation (NQDC) plans allow participants to set aside large amounts of tax-deferred compensation while enjoying the flexibility to schedule distributions to align with…
IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined.…