This week, the SBA decided to make important changes in calculating the amount of PPP funds that a self-employed worker, such as a sole...

If you itemize your deductions on Schedule A and keep a record of your gambling winnings and losses, you may be able to deduct your...

2020 was a long year that was full of unprecedented changes. Considering tax season, those changes may lead you to wonder how your taxes...

The Earned Income Tax Credit (EITC) is a refundable tax credit given to taxpayers that earn a low-to-moderate income from a job or...

This Friday, on the 12th of February, is the official opening date for tax season. On this day, the Internal Revenue Service (IRS) will...

Last week, the IRS released Rev. Proc. 2021-15 as an update for the deductibility of personal protective equipment (PPE) paid for by...

It’s only right that even the 2021 tax filing season start date has been postponed by the 2019 Coronavirus, but at least we know when it...

Taxes are daunting, and especially for a small-business owner’s income. The following tips are six ways small businesses can get some...