Taxes

Read: What You Need to Know to Get Your CARES Act Money

What You Need to Know to Get Your CARES Act Money

Both integrators and manufacturers are eligible for SBA loans for two months of payroll, and repayment will be forgiven if CARES Act rules are followed.

Read: 3 Key Benefits for Small Businesses Found in the Stimulus Package

3 Key Benefits for Small Businesses Found in the Stimulus Package

Industry accountant Mitch Reitman has read through the entire economic stimulus package and identified benefits to assist small businesses.

Read: What Small Business Owners Need to Know About the Families First Coronavirus Relief Bill

What Small Business Owners Need to Know About the Families First Coronavirus Relief Bill

Small employers and self-employed individuals are given new tax credits and federal payroll-tax relief to pay for the new mandatory benefits.

Read: Treasury and IRS to Delay Tax Payment Until July 15

Treasury and IRS to Delay Tax Payment Until July 15

Treasury Secretary Steven Mnuchin announced that taxpayers can delay paying their income taxes on as much as $1 million in taxes owed for up to 90 days.

Read: What Dealers Need to Know About South Dakota v. Wayfair Landmark Decision

What Dealers Need to Know About South Dakota v. Wayfair Landmark Decision

The impact of the U.S. Supreme Court’s decision in South Dakota v. Wayfair, now over a year since it was handed down, continues to reverberate throughout the business world.

Read: How to Prevent Tax Fraud By 3rd-Party Payroll Tax Services

How to Prevent Tax Fraud By 3rd-Party Payroll Tax Services

A dishonest payroll service can bilk taxpayers, and the IRS, out of millions before anyone suspects anything.

Read: Newly Divorced or Soon to Be? New Tax Bill Complicates Things.

Newly Divorced or Soon to Be? New Tax Bill Complicates Things.

The Tax Cuts and Jobs Act of 2017 made a number of important changes to the IRS code, some of which either directly or indirectly relate to divorce.

Read: IRS Makes Clear That Most Business Meals Still 50% Deductible

IRS Makes Clear That Most Business Meals Still 50% Deductible

The IRS has issued guidance clarifying that taxpayers may generally continue to deduct 50% of food and beverage expenses.

Read: Tax Cuts and Jobs Act: Understand Your Tax Break Profit Dispositions

Tax Cuts and Jobs Act: Understand Your Tax Break Profit Dispositions

Installing security contractors will have to decide whether to either plow tax breaks back into the business or to create a separate nest egg.

Read: How the 20% Pass-Through Deduction Affects Security Companies

How the 20% Pass-Through Deduction Affects Security Companies

The Tax Cuts and Jobs Act gave birth to a new provision, Section 199A, which permits owners of sole proprietorships, S corporations or partnerships to deduct up to 20% of the income earned by the business.

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