Congress Should Act to Make PPP Forgiveness Tax Free (As They Originally Intended)
Check out our piece on making PPP loan forgiveness tax free, which was the original intention of Congress.
Newsletters & Articles
PPP Update – When Is My PPP Forgiveness Taxable?
Congress made its original intention clear – the PPP was to be a forgivable loan that, upon forgiveness, would generate tax-free income. The IRS had other plans. Learn more in our latest blog post.
Navigating Your 2020 Tax Plan
As we near the end of 2020, it is time to start thinking about what tax planning strategies should be put in place before year-end to minimize your tax burden. Check out our 2020 tax planning guide in our latest blog post.
November Client Bulletin
With all the talk during the pandemic about saving money, it is possible to go too far. Included in our November newsletter are some ideas to make sure this does not happen to you.
Your Team is a Wheel (and Sometimes a Football Team) The importance of building your company’s support team (and how to aggressively mix metaphors)
Every business and every business owner should have an external support team. Learn how to create one in our latest blog post.
PPP Update – Forgiveness Help for Small Businesses with PPPs of $50,000 or Less
The SBA and Treasury released (yet) another update to the PPP rules, this time focusing on helping the smallest borrowers, those with PPP loans of $50,000 or less.
October Client Bulletin
In October’s newsletter, find out how a tax trap could be lurking in your paycheck. Also read about your options for what to do with your 401(k) when switching jobs.
September Client Bulletin
As summer is winding down, the IRS wants you to be aware of common scams being encountered during the pandemic. This and more in our September newsletter.
PPP Update – Focusing on Forgiveness
Now that the deadline to submit PPP loan applications is behind us, it’s time to focus on having these loans forgiven. The SBA and Treasury recently released an FAQ covering PPP forgiveness, so we want to quickly recap what we learned and talk about how it affects you and your PPP.
August Client Bulletin
Get a head start on your tax planning by reading about four new laws to help you in 2020. Also find out whether your business should incorporate and what you can do to increase the chances that your PPP loan is forgiven.