Financial Planning for Your Company’s Post-Pandemic Future
Now that business Payroll Protection Program (PPP) loans have been deposited, and in many cases, already forgiven, it’s time to look ahead, perhaps through a different set of lenses.
You can cash-out your 401(k) for COVID-19 reasons. But should you?
If you were impacted by coronavirus, under the CARES Act you can access funds from your retirement account without paying a penalty. This decision may or may not be the right one.
Why Lenders Want Your Accrual Basis Financial Statements
As you prepare your business for the upcoming recession, you will want to evaluate things such as your headcount, pricing, business continuity plans, and cash flow / finances.
2019 October Tax Planning Letter
Dear Clients and Friends: With the first tax season under the Tax Cuts and Jobs Act (TCJA) behind us, we have a better understanding of the practical applications on the…
Will You Miss These Tax Deductions?
Form 1040 has a different look this year. Thanks to the Tax Cuts and Jobs Act (TCJA), the standard deduction has essentially been doubled while certain deductions have been modified…
Section 199A Deduction Phase-out Calculations
The Section 199A deduction phase-out calculations confuse lots of people. Below is a high-level overview of how the phase-out math works, including a quick review how the deduction works. Section…