The main incentive for small businesses under the CARES Act is the Paycheck Protection Protection (PPP) program. The $349 billion funded through the Small Business Loan Program (SBA)...
The internet came with many blessings for men, and making money is one of the benefits. As a result, there are many resources online that can help you make and grow your wealth. In...
Provided that the debts were properly paid off, filling for the IRS tax extension might be easier than what it seems.There are a lot of reasons why we need tax extensions. Some of...
The Taxpayer Advocacy Panel is a Federal Advisory Committee to the Internal Revenue Service (IRS). If you’re a taxpayer and you have important issues that need to be identified...
After working with many small and medium business owners, there is a common trend I have noticed. It is the fact that their desire to go into business was not to add the burden of...
Notifying your employees of specific tax situations that can affect them is one of your responsibilities as an employer. The Earned Income Tax Credit (EITC) is one example of this...
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
The year is progressing gradually, which means a lot of management teams will be exploring the trends that will impact their business. Also, it is essential to be aware of how their...
The government encourages everyone to save money for their retirement. Tax breaks such as the Retirement Savings Contribution Credit and penalties for early distributions from retirement...