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Follow-Up On PPP – Here’s the Bad News

By now as most of you know, the Paycheck Protection Program (PPP) as established by the CARES Act provides recipients with loan proceeds to be used to pay certain business costs including payroll, interest, rent and utilities. Learn more about this loan and how it could affect you on our latest blog!

Beware: COVID-19 Tax Scams are Here

The IRS is warning you to be on the lookout for a surge of calls and e-mail phishing attempts related to the coronavirus pandemic and the one-time economic impact payment. Learn more about these scams on our latest blog, “Beware: COVID-19 Tax Scams are Here”.

Tax Savvy Moves to Consider During the Pandemic

This time during the pandemic is one of confusion and uncertainty for many taxpayers. However, considering a few changes during this time could save you money in the long run! On our latest “Tax Tip of the Week”, learn a few tax savvy moves to consider during the pandemic.

Debt Reduction May Be Your Best Investment

Investors are increasingly worried about the ups and downs of the stock market. If you’re worried about your investments and want to reduce your debts, you’re in luck. Debt reduction gives you a guaranteed rate of return!

Ensure You Receive a Stimulus Payment

The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know.

Key Coronavirus Tax Changes

In addition to filing delays and stimulus payments, the IRS is implementing many changes in response to the coronavirus pandemic. Read more on these major topics and how they may affect you and your family on this weeks tax tip!

Cash vs Accrual Reporting

When you start a business, you have many decisions to make. One of those is the method of accounting your business will use for reporting income and expenses on your tax return. It is an extremely important decision. With few exceptions, the method you choose can only be changed in the future with the IRS’s permission.

COVID-19 Stimulus Payments: What You Need To Know!

The Coronavirus Aid, Relief, and Economic Security (CARES) Act recently signed into law provides a one-time payment to individuals to help ease the economic strain caused by the coronavirus epidemic. Learn more about your stimulus payment and when to expect it on our latest blog post!

Parents, Children, & Taxes

Being a parent brings tremendous rewards, but also the challenge and responsibility of supporting and educating your child. Fortunately, the tax code has many ways to help ease a parent’s financial burden. Read more of the many ways that taxes can affect your decisions as a parent on our latest blog, “Parents, Children, & Taxes”!