Blog

The $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act delivers good news to individuals and businesses, including valuable tax-relief measures. Some of that tax relief is retroactive. These provisions can affect 2018 and 2019 returns that have already been filed. One retroactive provision can, in some cases, go... Read More →

Crisis brings out the best — and worst — in people. Some dishonest people have already turned the coronavirus (COVID-19) pandemic to their advantage by preying on unsuspecting victims and exploiting their fears.  “History has shown that criminals take every opportunity to perpetrate a fraud on unsuspecting victims, especially when... Read More →

Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional IRA contribution for the 2019 tax year between now and the extended tax filing deadline and claim the write-off on your 2019 return. Or you can... Read More →

SBA and Treasury released detailed guidance on PPP loan forgiveness on May 16, 2020.  Here are some of the highlights: For borrowers using a bi-weekly or more frequent payroll schedule, the new guidance allows for an Alternative Payroll Covered Period that will align with the borrower’s pay cycle.  This will... Read More →

A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place when necessary. But, when it comes to business interruption coverage, you may have to adjust your expectations if you intend... Read More →