In March of 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. It was bigger than the original Senate
Read MoreYear: 2020
Senate Funding Is About More Than COVID-19
One of the drumbeats of the current Congress is the need to be more fiscally responsible. That makes sense. Our current national debt is $26,536,793,171,015
Read MoreFeds Arrest Florida Man In Connection With PPP Loan Fraud
The Department of Justice has announced the arrest of a Florida man in connection with Paycheck Protection Program (PPP) loan fraud. David T. Hines, 29, of Miami,
Read MoreSenate Stimulus Bill Includes PPP Expansion & Fixes
In March of 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. It was bigger than the original Senate proposal but smaller
Read More
Paying & Managing Sales Taxes On Online Sales
I know many of you have heard the controversy about Wayfair and Amazon paying taxes. This week’s episode dives into the recent Supreme Court ruling
Read More
Philly Restaurant Owners Charged Wit Tax Crimes*
The owners of the venerable “Tony Luke’s” cheesesteak franchise in Philadelphia have been charged with conspiracy to defraud the Internal Revenue Service (IRS), tax evasion, and aiding
Read More
Fix The Tax Code Friday: The Next Stimulus Package
As Congress gets to work on a second stimulus package, there have been a number of suggestions for how to kick start the economy. Some
Read More
Senate Bill Would Protect Stimulus Checks From Creditors
Earlier today, the Senate passed S. 3841 by unanimous consent. The bill, which was first introduced by Senators Chuck Grassley (R-IA), Sherrod Brown (D-OH), Ron Wyden (D-OR)
Read More
Cuomo’s Comments On Rules Requiring Bars To Serve Food Have Some Crying ‘Fowl’
This week, New York Gov. Andrew Cuomo had restaurant owners calling “fowl” on new rules requiring bars to serve food with their drinks. The New
Read More
Taxes From A To Z 2020: Q Is For Qualified Appraisal
For federal income tax purposes, if you claim a charitable deduction for an item or group of similar items of donated property worth more than
Read More