If you are a small-business owner, chances are you have heard of and dealt with the headaches surrounding the Paycheck Protection Program, deferral of payroll taxes, and remote working. Tax and Business Consultant Emily Rubenstein, CPA, shares the tax consequences some small-business owners may face in this Small Business Minute. This article is for demonstrative…
The Consolidated Appropriations Act, 2021 (CCA), which was passed by Congress and signed by the president late last December, included a very tax-beneficial provision that liberalized the interaction between PPP loans and the Employee Retention Credit (ERC).
As tax time approaches, we list out 20+ tax issues that taxpayers frequently overlook, ranging from obscure deductions to overlooked tax credits and benefits.
Are you a day trader? In addition to being highly risky, there are tax implications!
Tax time is right around the corner — Are you prepared? We outline where to begin, what’s new for 2020, and which transactions deserve extra attention.
For 2021 and 2022 only, the Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100% of business meal expenses.
The anticipated cost of Biden’s American Rescue Plan, if all of the proposals are agreed to by Congress, is $1.9 trillion. We outline 11 proposals that may affect your taxes.
We provide an overview of many of the tax provisions included in the Consolidated Appropriations Act, 2021.
2021 might be the year you should ask a tax professional to help address some of the unique tax challenges that COVID-19 has caused for your 2020 taxes.
Are you giving your employees a holiday gift? It may be taxable – we explain.
