Why is the Income on My K-1 Different from the Cash I Received?
Making the switch from employee to business owner requires some getting used to. One of those adjustments is understanding the difference between the income reported on a K-1 and the…
Making the switch from employee to business owner requires some getting used to. One of those adjustments is understanding the difference between the income reported on a K-1 and the…
Owning your own business can provide opportunities to reduce taxes that you might not necessarily have as an employee, and the best place to start is to convert personal expenses…
While the deadline for applying for loan forgiveness is ten months after the end of the covered period, the inclination to start the loan forgiveness application process sooner rather than…
The Employee Retention Credit has not received as much attention as the Paycheck Protection Program and the Economic Impact Payment parts of the CARES Act, but this credit can provide…
The new PPP loan forgiveness application is out, and it incorporates the new provisions included in the Paycheck Protection Flexibility Act (“PPP Flexibility Act”). Here are the highlights: The new…
On Wednesday night (June 3rd), the Senate passed the Paycheck Protection Flexibility Act of 2020, which amends certain provisions of the Paycheck Protection Program section of the CARES Act. There…
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.