Use Your Business to Maximize Charitable Donations
Giving to your church, school, or other 501(c)(3) charity is a noble act no matter how you choose to give. But for the purposes of
Giving to your church, school, or other 501(c)(3) charity is a noble act no matter how you choose to give. But for the purposes of
C corporations cause double taxation for business owners, so you probably think you want to avoid them at all costs. And for many of you,
We now have both the new clarity and an easy road to Paycheck Protection Program (PPP) loan forgiveness for the self-employed with no employees.
If you report your business income and expenses on Schedule C of your Form 1040, your Payroll Protection Program (PPP) loan forgiveness is straightforward, as
If you have employees, you must withhold their 6.2 percent share of the Social Security tax from their wages up to an annual wage ceiling
2020 Last-Minute Year-End General Business Income Tax Deductions Ideas Your goal should be to get the IRS to owe you money. Of course, the
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