Operating a small business is an exhilarating and, at times, overwhelming endeavor. There are so many details to keep track of that it’s easy to forget about the nuts and
If you are the owner of a small business that obtained a Paycheck Protection Program (PPP) loan, you are most likely aware that the loan can be partially or totally forgiven
To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. In response to the economic slowdown and losses of income, Congress passed several
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health
On Wednesday, November 4, the Internal Revenue Service (IRS) released a warning about a new text scam involving a $1,200 Economic Impact Payment. The goal of this scam is to
For small businesses, an effective tax strategy can make a world of difference. Due to a lack of knowledge about business deductions—or sometimes a lack of creativity on the part
On October 8, the U.S. Small Business Administration (SBA) and the Treasury announced the release of a simplified forgiveness process for Paycheck Protection Program (PPP) participants that received loans of
On October 13, the U.S. Small Business Administration (SBA) released clarifying guidance regarding the due date of forgiveness applications for loans issued via the Paycheck Protection Program (PPP). A recent
On October 1, 2020, the Trump Administration announced a $20 billion Phase 3 Provider Relief Fund. Learn more about what this announcement means for you by
On August 24, the Small Business Administration and Treasury released new guidance regarding Paycheck Protection Program (PPP) forgiveness issues. The new interim final rule covers two
