The IRS imposes penalties for failing to pay taxes due and failing to file required tax returns. With the May 17 filing deadline coming up, it’s a good time to review the amount of the penalties.
What could President Biden’s tax proposals mean for you? Here’s a brief rundown of the “American Families Plan.”
If you qualify to file as a “head of household,” you may pay less tax than if you file your tax return as a “single” individual.
Could your small business or restaurant use a tax-advantaged loan from the Small Business Administration? A recently passed COVID-relief act offers a couple of intriguing options.
Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program.