Over a month ago, I wrote an article about the home office deduction that attracted very little notice. I figured folks were either overwhelmed with COVID-19 coverage,
Read MoreCategory: small or home-based business
What You Need To Know About The SBA Economic Injury Disaster Loan (EIDL)
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. There are programs in place
Read MoreWhat You Need To Know About The Paycheck Protection Program (PPP)
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, Congress passed a massive stimulus
Read MoreHow The Employee Retention Credit Can Help Businesses Of Practically Any Size Keep Employees On Payroll
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, Congress passed a massive stimulus
Read MoreLooking For COVID-19 Tax Resources?
There’s so much happening now. Here’s where you can find information on how COVID-19 is affecting tax returns and, of course, those stimulus checks. Got
Read MoreFinally! IRS Issues Proposed Regulations On Business Meals & Entertainment
Still confused about the business expense deduction for meals and entertainment under the Tax Cuts and Jobs Act (TCJA)? In the months following the new law,
Read MoreIRS Is Closing Some Business Payment P.O. Boxes
If you have your business tax payments set to auto-pilot, check those addresses: The IRS is closing business payment P.O. Boxes in the Cincinnati and
Read MoreAsk The Taxgirl: SALT Caps & Investments
Taxpayer asks: Since 2002, I have owned (via a single-member LLC) an office complex in upstate new york. I purchased it as an investment to
Read MoreIRS To Target S Corporations & Foreign Disclosures In New Compliance Campaigns
The Internal Revenue Service (IRS) Large Business and International division (LB&I) has announced six additional compliance campaigns for taxpayers. A compliance campaign is a targeted directive on
Read MoreIRS Issues Guidance On Business Deductions For Meals & Entertainment
The IRS has issued transitional guidance on business meals and entertainment under the Tax Cuts and Jobs Act (TCJA).
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