Kids are expensive. The advance Child Tax Credit payments are here to help. But could this credit negatively affect your tax bill? Many of my clients have been asking if they should be worried about making bank from the government….
We just returned from a much-needed and well-deserved (if I do say so myself) company retreat. We had an amazing time! And the icing on the cake is that the trip is 100% tax-deductible. In today’s article, I’ll share with…
When grieving over the loss of a loved one, the last thing you want to think about is a deceased family member’s unpaid tax bill. However, if you are the estate’s executor or helping that person through the process, you…
I know what you’re thinking: Hasn’t 2020 been bad enough without the government piling on some new tax laws we have to worry about? I totally agree with you there! While it’s true that tax law changes don’t typically benefit…
Great news! If you borrowed $50,000 or less through the Paycheck Protection Program (PPP), the application for loan forgiveness just got way easier. Today, I’ll tell you about the changes and answer some common PPP loan forgiveness questions. How has…
To many people, the IRS is a big, scary institution that makes demands, takes your money, and penalizes you for the smallest mistake. If that’s your view too, then you might be surprised to learn that the IRS is capable…
If you’re like many of my clients, part of the dread of tax time is sorting through a pile of receipts you’ve thrown in a box or drawer somewhere. The root of this problem is that many people just don’t…
Once you’ve gone through the process of making your business an S corp, you are likely wondering how you get paid. You are, after all, your best employee, so let’s make sure you get this right. In this article, I…
The number of people permanently working remotely is on the rise. For many, this is the first time working from home has been an option, so how to file taxes while telecommuting is a hot question right now. I want…
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small…
