by Steve Perry | May 8, 2020 | CARES Act, Tax Planning, Tax Preparation
The Federal Government has taken many steps to help businesses weakened by the COVID-19 pandemic. Some of their efforts are well known because stories about government loans and grants are easier to report and more interesting than the harder to understand...
by Steve Perry | May 1, 2020 | CARES Act, Small Business Accounting, Tax Planning, Tax Preparation
During this time, businesses are doing everything they can to stay solvent. The Federal Government is helping with Payroll Protection Program(PPP) and Emergency Injury Disaster Loans (EIDL). Of course, with any government program there are hidden...
by Steve Perry | Mar 31, 2020 | CARES Act, Representation, Tax Planning
This past weekend, President Trump signed the largest expenditure bill in history. HR 748, “The Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) has all sorts of benefits. Setting the politics aside, let’s look at just a few of the...
by Steve Perry | Jan 23, 2020 | Small Business Accounting, Tax Preparation
While many are not familiar with the term gig economy, most are familiar with some of its components. These include ride sharing such as Uber or Lyft, and Airbnb. In fact, according to the Federal Reserve, a full third of Americans are involved...
by Steve Perry | Jan 21, 2020 | Tax Preparation
As we start the tax season, let’s look at what is on the table. This is not an all-encompassing list and is a general discussion. Each individual situation should be discussed with a tax expert. Most individual taxpayers, especially those who have W2...