The fate of the Build Back Better Act and the Bipartisan Infrastructure Bill remains uncertain as Congress continues negotiations. Here’s a list of the tax provisions that may affect you or your business.
2021 Q4 tax calendar: Key deadlines for businesses and other employers
With fall foliage here in many areas, it’s time for businesses to start thinking about year-end tax strategies. It’s also time to think about the fourth quarter 2021 tax filing deadlines.
EIDL program retooled for still-struggling small businesses
Many small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.
Disasters and your taxes: What you need to know
Have you been affected by one of the many natural disasters that have occurred this year? Tax relief may be available if you know where to look.
Tax breaks to consider during National Small Business Week
Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.
You can only claim a casualty loss tax deduction in certain situations
The rules for deducting personal casualty losses on a tax return have changed through 2025. However, you may still be able to claim a deduction if an event qualifies as a federally declared disaster (and several have this summer).
IRS issues ERC guidance as Congress mulls early termination
Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021.
Is an LLC the right choice for your small business?
There are several options for operating your small business. For example, a sole proprietorship, an S corporation or a partnership. Take a look at why a limited liability company (LLC) might be right for you.
SBA streamlines forgiveness for smaller PPP loans
The SBA has eased the process of forgiving a PPP loan. Here’s how.