Unpaid Debt Taking Your Tax Refund?
Unpaid Debt We all look forward to receiving our tax refunds, but what if you were expecting a refund and it never arrived? It may be because you have outstanding federal or state debts—and not just … Read More
SBA Raises Loan Limit For COVID-19 EIDL Loans to $500,000
As U.S. businesses continue to recover from COVID-19’s economic devastation, the U.S. Small Business Administration (SBA) is expanding loan opportunities. The agency announced that beginning the week of April 6th, nonprofits and small businesses will be … Read More
Are Your Unemployment Benefits Taxable?
With the passage of the CARES Act stimulus package early in 2020, the federal government began supplementing the normal state weekly unemployment benefits by adding $600 per week through the end of July 2020. When this … Read More
5 Things You Need to Know About Losing Your Job
Know About Losing Your Job If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues related to job loss can profoundly impact your taxes … Read More
May 2020 Live Updates for Taxpayers and Small Business Owners
May 2020 Live Updates and News The world continues to shift with all the economic changes and fallout of COVID-19 outbreak. This is hitting people personally and professionally. Businesses are prematurely opening without authorization of the … Read More
Covid-19 Resource Guide: Taxpayers & Small Businesses
Coronavirus Resource Guide for Business This Covid-19 Resource Guide for Business is to keep you up to date during the Covid-19 pandemic. Our goal to keep supporting the health, safety, and prosperity of our clients in … Read More
IRS Extends Over 300 Tax Filing, Payment and Admin Deadlines
IRS Extends Over Tax Filing Deadlines According to Treasury Secretary Steven Mnuchin, “Treasury and the IRS are extending tax deadlines.” These deadlines include the “fiscal year businesses, tax-exempt organizations and more than 270 other tax-related deadlines.” … Read More
Will Working from Home During COVID-19 Outbreak Save You Money?
People Are asking, “Will Working From Home During Covid-19 Save Me Money On My Taxes?” Most people know that the best way to reduce your tax liability is through deductions and tax credits. Even if you … Read More