The blue wave has arrived. The democratic party has control over the House, Senate, and Presidency. What does this mean? It will be a lot easier to implement tax reform. The Paycheck Protection Program is back, the relief program for businesses with 500 or fewer employees; this tax season covers the SBA Loan PPP, ERTC, and EIDL.
House Committee on Ways and Means and Chairman Richard Neal (D-MA) have released the initial draft of their portion of the reconciliation package that plans to fund $3.5 trillion in new spending.
Huge news for small businesses communities still recovering from the pandemic: SBA Administrator Isabel Guzman revealed major enhancements to the COVID-19 EIDL Economic Injury Disaster Loan program.
The number of business owners who I have met that are overpaying on their taxes is astonishing. Many of them were already working with a CPA.
Almost all the clients we helped already have a bookkeeper, accountant, or CPA; some are even their family members or friends. Unfortunately, we found it is very rare that they are also tax strategists.
After lengthy negotiations, Senators came to an agreement on provisions and funding for their bipartisan infrastructure bill and released bill text over the weekend.
As a small business owner, you often ask yourself, how can I maximize my tax deductions? Reducing your tax payments is possible.
Restaurant Industry related businesses like yours are eligible for funding equal to your COVID-19 pandemic-related revenue losses, up to $10 million per business and $5 million per location.
Over 100,000 restaurants have closed permanently across the U.S. as the industry struggles with the devastating impact of the COVID-19 pandemic.
The Restaurant Revitalization Fund (RRF) provides up to $10 million per business to help restaurants, food, and beverage businesses remain open during the COVID-19 pandemic.
Restaurants have remained in the Top Five most impacted industries by COVID-19. The Restaurant Revitalization Fund (RRF) provides funding to help restaurants, food, and beverage businesses keep their doors open.
