Tax Planning vs. Financial Planning: Why You Need to Understand the Difference

Many business owners assume tax planning is something to think about later – often lumped together with retirement or viewed as a byproduct of financial

Recent blogs

PPP Forgiveness

Although the focus of this post is PPP forgiveness, the loan itself is a great deal. The payment terms are phenomenal, and it can be

Forget about “Simple.” It’s VALUE that counts.

Here is a common misconception: if a task is simple, it isn’t valuable. Don’t take this misconception lightly, as it can have huge implications regarding

Tax Carryovers: Do Statutes of Limitations Force You to Live with Your Mistakes?

We have previously discussed the statute of limitations regarding tax audits when the taxpayer applies a net operating loss (NOL) to a year that is before

Corporate Refund Claims With Minimum Tax Credit Perplex IRS

Corporations have been receiving refunds from carrying back net operating losses, but those taxpayers with alternative minimum tax implications in that carryback year might need

Payroll Tax Deferral for Federal Employees Prompts Criticism

A government notice indicating that President Trump’s temporary payroll tax deferral will go into effect for federal employees sparked alarm from observers, who say the