COVID-19 has shut down many businesses, causing widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls are eligible for…

new COVID19 relief bill

The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude of provisions that may affect you. Here…

The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It…

When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing status box…

The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases,…

Estimated payment due january 15 2021

If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must be sent…

first quarter tax calendar 2021

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep in mind…

qualifying business tax tips

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is…

wash sale selling stock

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so, it’s important…

small business tax depreciation tips

As we approach the end of the year, it’s a good time to think about whether your business needs to buy business…