There are a couple additional loan options for small business owners who are struggling right now: the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). The PPP offers applicants funds in the form of loans that can be fully forgiven when...
2019 Personal tax returns do not need to be filed until 7/15/20. 2019 taxes due, as well as 1st quarter estimated tax payments, are not due until 7/15/20. NOTE: 2nd quarter estimated tax payments are still currently due on 6/15/20! 2019 IRA & HSA payments can be...
[vc_row][vc_column][vc_column_text] The US Small Business Administration (SBA) will work with borrowers directly. (UPDATE: Please click here for the SBA’s Disaster Assistance Loan Application.) The state of Ohio has to declare an emergency (they anticipate that...
Dear Valued Clients, By now, I am sure that all of us are keenly aware of the spread of the Coronavirus (COVID-19) and the devastating effects it can have. We are committed to high-quality customer service with low-touch, best practices for the remainder of the tax...
In light of the recent closures and developments related to the coronavirus (COVID-19), we wanted to assure you that we are right here working on tax returns and open to serve you! For those clients who would like to minimize contact with others, 2019 tax documents...
The IRS recently released the mileage rates for 2020. Beginning Jan. 1, the business mileage rate decreased one-half of a cent for business travel driven and three cents for medical and certain moving expenses as compared to the rates for 2019. The charitable rate is...