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.
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.
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.
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…
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…
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…
