

Tips for Professionals Regarding Second-Draw PPP Funding
Business owners, CPAs, loan officers, and if applicable, business brokers, should all use a variety of tactics all at once as businesses...


President Biden Signs Executive Order Extending Student Loan Payment Freeze
The latest statistics suggest that 45 million people in the United States owe approximately $1.6 trillion in student loan debt. In one of...


National Taxpayer Advocate (NTA) Releases 2021 Annual Report
Would you believe me if I told you that some people still haven’t received their tax refunds from the previous year? Unfortunately, it is...


Some Business Meals May Be 100% Deductible Under Second COVID-19 Stimulus
Though corporate meal expenses are currently 50% deductible, the Trump administration reportedly inserted language in the relief bill...


Deductibility of PPP-Funded Expenses Under Consolidated Appropriations Act 2021.
The Consolidated Appropriations Act explains that gross income does not include any amount that would otherwise arise from the...


Will I Get Both Stimulus Checks?
Similar to the first stimulus package, the new stimulus bill will include a $600 direct payment to individuals who qualify. Again, a vast...


Second Round of PPP Funding: Will Your Business Qualify?
On December 27, 2020, late Sunday night, President Trump signed into law the $900 billion COVID-19 relief bill that was passed...


An Overview of Recently Signed COVID-19 Legislation
What are the basics of the stimulus program signed by the President? After months of uncertainty and mounting desperation, U.S. lawmakers...


Why Can’t I Just Deduct Everything? Because You’ll End Up Like These People
Hakeem Abubakr and Saharmila Kassim v. Commissioner gives us an interesting look at how not to report deductions on a tax return. Mr....


Tax Moves for Individuals Before the New Year
Even though there’s less than one month left in the year, you still have some changes that can be made to help stretch your dollar!...
































