Are you one of the millions of businesses that have an outstanding non-disaster Small Business Administration (SBA) loan? These include: 7(a) loans: general small business loans of up to $5 million, 504 loans: loans of up to $5.5 million to provide financing for major...
Whether you claim a business office in the home or are simply working at home, say because of COVID-19, you likely have some former personal assets that you now use for business. Ah, new tax deductions! Yep. Say you don’t claim a home-office deduction but now you...
Payroll taxes troubles is the largest portion of the tax resolution cases we handle in our office. The issue is why? That is what I will be addressing in this post today. Given that most businesses fail due to cash-flow issues, it should not be surprising that...