
Tax Considerations When a Loved One Passes Away (Part 1)
A financially comfortable loved one has passed away. In this year of seemingly endless bad news, sadly, that’s not an uncommon situation. The now-deceased loved
A financially comfortable loved one has passed away. In this year of seemingly endless bad news, sadly, that’s not an uncommon situation. The now-deceased loved
A financially comfortable loved one has passed away. In this year of seemingly endless bad news, that’s not an uncommon situation—sad but true. The now-deceased
In an effort to stave off economic devastation caused by the Covid-19 pandemic, billions of dollars in grants are being handed out to individuals and
Question. If you have an office outside your personal home — say, downtown — can you have a tax-deductible office inside your home for the
Did you receive money from a lender under the existing Paycheck Protection Program (PPP)? If so, you may qualify for more tax-free money. But first,
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
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