Business Meal Tax Breaks

Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic. One of the tax breaks that President Trump has proposed…

Congratulations to Laciak>cpa Senior Amanda Bray on obtaining her MBA from Valparaiso University! We’re very proud of you, and excited to watch as you…

health savings accounts 2021

The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust created or organized exclusively for the…

covid-19 economic stimulus payment questions

Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending…

PPP Loan Guidance

The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program (PPP) loan. Specifically, an…