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The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according to a…

save on your business tax bill

The extended federal income tax deadline is coming up fast. As you know, the IRS postponed until July 15 the payment and…

coronavirus update june 24

Dear Valued Clients: The tax filing deadline is less than a month away. If you’ve not yet filed, we’re…

retirement plan distribution

As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions”…

start up expenses

While the COVID-19 crisis has devastated many existing businesses, the pandemic has also created opportunities for entrepreneurs to launch new businesses. For…

business record keeping

If you operate a small business, or you’re starting a new one, you probably know you need to keep records of your…

selling your house don't forget to pay taxes

Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown in sales.…