New Stimulus Law Grants Eight Tax Breaks for 1040 Filers
As you doubtlessly know, Congress recently passed a massive new stimulus bill that was enacted into law on December 27, [...]
S Corporation Owners – How Much Salary is the Right Amount?
S Corporation Owners - How Much Salary is the Right Amount? You likely formed an S corporation to save on [...]
What Is SECURE Act and Stretch IRA?
What Is Stretch IRA? Last December, the imaginatively named Setting Every Community Up for Retirement Enhancement (SECURE) Act became law. [...]
IRS Provides Clarification on PPP Loan Forgiveness for the Self-Employed
IRS Provides Clarification on PPP Loan Forgiveness for the Self-Employed How much is clarity worth? A lot, a whole lot. [...]
PPP Loan Forgiveness for Partnerships, S and C Corporations
PPP Loan Forgiveness for Partnerships, S and C Corporations If you operate your business as a partnership or an S [...]
COVID-19: Tax Benefits for S Corporation Owners
COVID-19: Tax Benefits for S Corporation Owners To help your small business, Congress created a lot of new tax-saving provisions [...]
COVID 19- CARES Act Allows $100,000 Tax-Free IRA Grab and Repay
COVID 19- CARES Act Allows $100,000 Tax-Free IRA Grab and Repay In this acticle, we explain how you may be [...]
Make the RMD From Your Traditional IRA Tax-Free
Make the RMD From Your Traditional IRA Tax-Free Once you turn age 70 1/2, the tax code mandates that [...]
Which IRA is Better For you: Roth vs Traditional
Which IRA is Better For you: Roth vs Traditional Roth IRA versus traditional IRA: which is better for you? Roth [...]
Reimburse Your Employees for Education and Training
As a small-business owner, you probably incur work-related education expenses from time to time. You may even decide to pursue [...]