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Know the Ins and Outs of “Reasonable Compensation” for a Corporate Business Owner
Owners of incorporated businesses know that there’s a tax advantage to taking money out of a C corporation as compensation rather than...
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Tax Updates & Compliance
EIDL Loans, Restaurant Grants Offer Relief to Struggling Small Businesses
The American Rescue Plan Act (ARPA), signed into law in early March, aims at offering widespread financial relief to individuals and employers...
Tax Day for Individuals Extended to May 17: Treasury, IRS Extend Filing and Payment Deadline
The Treasury Department and Internal Revenue Service announced on Wednesday that the federal income tax filing due date for individuals for the...
California Tax Updates for 3/17
Post 1: New California sales and use tax rates take effect on April 1, 2021. The CA Dept. of Tax and Fee...
PPP Video Updates with Kelly McGlinchy from Linkenheimer LLP
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PPP Adjusted to Prioritize Very Small Businesses
When the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) last year, the program’s stated objective was “to provide a...
