calendar showing July 15

02 Jul Taxpayers should file by July 15 tax deadline!

The Department of the Treasury and IRS announced that the tax filing and payment deadline of July 15 will not be extended again. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until October 15. Due to COVID-19, the original filing deadline and tax payment due...

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05 Jun PPP Loan Forgiveness: 5 Things You Should Do

If you've received a PPP Loan, you probably have questions about how it should be used. There are certain things you need to know to get PPP Loan forgiveness, and we're here to help. Here are 5 things you should do to make the forgiveness process as painless as possible. 1. Keep the PPP Loan Separate We've...

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22 May HEROES Act: The 7 Biggest Things it Offers

If you haven't heard, there have been talks about another round of stimulus checks for a while. Last week, the Health and Economic Recovery Omnibus Stimulations (HEROES) Act was passed through the House of Representatives. As it moves toward the Senate, there are many questions about what it entails. For your convenience, here are the 10...

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06 May COVID-19: S-Corp Tax Relief Strategies

COVID-19 led to a lot of financial changes. In the midst of layoffs, the Paycheck Protection Program was established to give small business owners a way of keeping up with payroll and expenses. Additionally, stimulus checks have gone out to qualifying individuals across the country. However, there hasn't been much talk about S-Corp tax relief. If...

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