IRS Collection Notices
The Internal Revenue Service is kicking it back into gear as we enter the last few months of the year after encountering the same difficulties that we all have been facing throughout this year’s pandemic.
Year End Tax Planning
2020 has brought its fair share of economic and financial struggles across the globe due to the Covid-19 pandemic forcing many individuals and business owners alike to re-evaluate their financial situation and how they operate their businesses moving forward.
PPP Loan Forgiveness
As businesses across the nation continue to feel the devastating effects of the Covid-19 pandemic, many business owners have taken advantage of the Paycheck Protection Program to keep their business operations afloat.
People First Initiative
In response to the Coronavirus, the IRS announced the People First Initiative on March 25th.
PPP Applications Ending
As the PPP loan reaches millions of small businesses, congress updated the
guidance, and the deadline inches closer.
2020 Annual Inflation Adjustments
As you get ready for the holidays, this is also a good time to review the changes in tax laws that may benefit you, both for 2019 end of year tax planning and looking forward towards the new year 2020.