Sole Proprietors
-
The QBI deduction basics and a year-end tax tip that might help you qualify
If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as…
Read More: The QBI deduction basics and a year-end tax tip that might help you qualify -
Tax responsibilities if your business is closing amid the pandemic
Unfortunately, the COVID-19 pandemic has forced many businesses to shut down. If this is your situation, we’re here to assist you in any way we…
Read More: Tax responsibilities if your business is closing amid the pandemic -
5 key points about bonus depreciation
Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years 2023 through 2027. Thus, an…
Read More: 5 key points about bonus depreciation -
SBA reopens EIDL program to small businesses and nonprofits
Just last week, the Small Business Administration (SBA) announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program to eligible…
Read More: SBA reopens EIDL program to small businesses and nonprofits -
Does your company have an emergency succession plan?
For business owners, succession planning is ideally a long-term project. You want to begin laying out a smooth ownership transition, and perhaps grooming a successor,…
Read More: Does your company have an emergency succession plan? -
Just launched: The SBA’s Paycheck Protection Program
To stem the tide of joblessness caused by the coronavirus (COVID-19) outbreak, the Small Business Administration (SBA) has officially launched the Paycheck Protection Program (PPP).…
Read More: Just launched: The SBA’s Paycheck Protection Program
Stay current on weekly blogs by following our social media posts on LinkedIn, Facebook, and Twitter.