A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.
If you get a PPP loan and use the proceeds on certain expenses, the loan amount will be forgiven. Can you then deduct the expenses on your tax return? The IRS answers that question in new guidance.
The CARES Act includes favorable changes to the rules for deducting net operating losses (NOLs). Here’s how.
During these tough times, your business may be saving money by using independent contractors, rather than hiring employees. Make sure to follow all the rules or you could hear from the IRS.
The coronavirus (COVID-19) crisis has resulted in unprecedented challenges for employers. Here are the details of some relief from the federal government.
As a business with employees, you may have questions about the new employee retention tax credit. Here are some answers.