PPP Loan Expenses Are Now Tax Deductible
If you or your business received funds from the Paycheck Protection Program (PPP), the recently passed Emergency Coronavirus Relief Act of 2020 will help to dramatically cut your tax bill. Here’s what you need to know.
Seven Tips For Financial Wellness In 2021
Here are seven tips to help you become more financially fit.
More Stimulus Payments on the Way
What you need to know NOW!
Using Depreciation to Control a Loan Forgiveness Tax Surprise
Bonus depreciation and Section 179 expense can be a valuable tool to help you manage your business’ profit margin this year. Here are some thoughts to consider.
Ideas For Better Savings Rates
Before the housing bubble burst in 2008, you could find high yield savings accounts that were paying rates over 5.0 percent. Today? These same banks are paying less than .10 percent.
COVID-19 Response
We hope you find this information helpful during this uncertain time.
A Happy Banker Makes for a Happy Business
With the onset of COVID-19, small business banks are more nervous about potential loan losses than ever. Here are several tips for your business to maintain a great working relationship with your lender. These same tips can also be used if you want t
Common IRS Surprises
No one likes surprises from the IRS, but they do occasionally happen. Here are some examples of unpleasant tax situations you could find yourself in and what to do about them.• An expected refund turns into a tax payment. Nothing may be more def
Turn Your Home Office Into a Tax Deduction
If you are working from home for the first time in 2020, you may be wondering if your home office is tax deductible. The bad news? If you’re working from home for an employer, you normally can’t deduct your home office expenses.Here&rsquo