The Treasury Department and Small Business Administration (SBA) have released Interim Final Rules (IFR) regarding the permission of “second draw loans” under the Paycheck Protection Program (PPP) recently authorized […]
The Treasury Department and Small Business Administration (SBA) have released Interim Final Rules (IFR) regarding the recent extension and expansion of the Paycheck Protection Program (PPP) as […]
In response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic, IRS Notice […]
The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous […]
The recent stimulus legislation, the Consolidated Appropriations Act of 2021, (CAA 2021) included a provision that removes the 50% limit on deducting business meals provided […]
As we approach the end of the year, it’s a good time to think about whether your business needs to buy business equipment and […]
Are you considering replacing a car that you’re using in your business? There are several tax implications to keep in mind.
With the prospect that ordinarily tax deductible business expenses will still be deductible if they were paid for with forgiven PPP loan funds contained in the Coronavirus […]
California has begun their mandate of employer participation in the CalSavers Program. The program’s 3-year phase-in is as follows:
S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect that the business will incur losses in its […]
