On Monday night, right before the clock struck midnight the Senate finished a vote to approve a second major stimulus package, along with extending general government funding into the fall of 2021.
Recent guidance from the IRS concerning PPP loan expense deductions may have a significant effect on when you apply for forgiveness and how to maximize your loan forgiveness amount. In this video, we will share the latest IRS guidance on expense deductions, their potential impact on the amount of forgiveness you may receive, and some basics of the loan application process.
On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act which was then signed into law by the President. Learn about updates to the program.
As the end of the year approaches, it is important to consider strategies to lower your tax liabilities for 2020. In this video, we'll cover strategies that may help you reduce taxes on business income.
