
Wow! Married, Filing Separately, May Be the Tax Year 2020 Strategy
If you are married, most likely you’ve always filed a joint tax return with your spouse. Most of the time, a joint return shows less
If you are married, most likely you’ve always filed a joint tax return with your spouse. Most of the time, a joint return shows less
First, say thanks to the Consolidated Appropriations Act, 2021 (CAA), enacted December 27, 2020. It opened the door (retroactively and going forward) for Paycheck Protection
With the Consolidated Appropriations Act, 2021, millions of small-business owners like you now qualify for the employee retention credit (ERC) thanks to three big changes:
You likely already know that the employee retention credit (ERC) is a good deal — if you qualify. Now, thanks to the recently enacted American
The new, massive stimulus bill enacted into law on December 27, 2020, contains eight new tax breaks designed to help the non-business taxpayer. None of
Members of the tax community struggle with the “solo corporate owner” qualification for the employee retention credit (ERC). In their recently published The Employee Retention
Good news. The PPP Extension Act of 2021 makes Paycheck Protection Program (PPP) monies available until the earlier of May 31, 2021, or when the
The Consolidated Appropriations Act (CAA) was signed into law on December 27, 2020. The legislation adds a few new federal income tax breaks for businesses
For 2018-2025, you (and estates and trusts) can use your qualified business income (QBI) to create the 20 percent deduction under Section 199A. While federal
Bad things can happen to good business property. Fires, floods, freezes, and other disasters can damage or destroy the personal or real property you use
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