How to Create a Family Budget Mint.com, 5 min read
With all the demands of running a household, it’s hard to find time to make a family budget-especially if the amount of money left at the end of the month is less than you want. It’s important to look household finances squarely in the eye, because that’s the only way to control them; otherwise, they control you.
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Source: www.mint.com
Read moreBusiness Preservation
If you’re a business owner, you’re busy, and busy is good! Proper planning, however, is something every smart business owner has to take time to prioritize.
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Read moreAdvising clients on PPP loan forgiveness By C. Pierce Campbell, 3 min read
Back in February, who would have thought that those three little letters, PPP, would come to define the business culture for small and medium-sized businesses throughout the country? The Payment Protection Program and the alliterative phrase, “The PPP,” have given millions of American business owners hope through this COVID-19 pandemic, while also causing unknown liabilities for business owners already struggling to see the future. After such immediate popularity, the time has come to see if this massive infusion of government cash worked as planned, or if the PPP loans will indeed be a burden on the backs of businesses for years to come.
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Source: www.accountingtoday.com
Read moreIRS Tax Relief for victims of California wildfires IR-2020-191, 2 min read
Victims of the California wildfires that began August 14 now have until December 15, 2020 to file various individual and business tax returns and make tax payments, the IRS announced last month.
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Source: www.irs.gov
Read moreHere’s what taxpayers need to know about the home office deduction IRS Tax Tip 2020-98, 3 min read
The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year.
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Source: www.irs.gov
Read moreIRS tax relief for victims of Hurricane Laura IR-2020-197, 1 min read
Victims of Hurricane Laura that began August 22 now have until December 31, 2020, to file various individual and business tax returns and make tax payments, the IRS announced last week.
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Source: www.irs.gov
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