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
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What 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
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How 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
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Looking 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
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Finally! 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,
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IRS 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
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Ask 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
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IRS 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
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IRS 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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