Deduct 100% of Your Employee Recreation and Parties

Deduct 100% of Your Employee Recreation and Parties

Pedro Gonzalez, CPAMay 26, 20215 min read

  You take Bill, your best customer, to the local country club and treat him to 18 holes of golf. The golf produces a zero deduction. However, if you take your employees and their spouses and children to the local…

Did You Report Your Foreign Bank Accounts?

Did You Report Your Foreign Bank Accounts?

Pedro Gonzalez, CPAJanuary 11, 20214 min read

If you own or have an interest in any foreign bank account or other types of financial accounts (see below for examples of the other types) that are based outside of the United States, you may have to fill out…

Updated PPP Rules

Updated PPP Rules

Pedro Gonzalez, CPAJanuary 8, 20215 min read

The new Paycheck Protection Program (PPP) law enacted with the stimulus package adds dollars to your pockets if you have or had PPP money.   Before we go further, please note the PPP money comes to you in what appears…

Did You Miss Out On The Previous PPP Opportunities?

Did You Miss Out On The Previous PPP Opportunities?

Pedro Gonzalez, CPAJanuary 4, 20212 min read

Did you miss out on the first two opportunities to receive your tax-free Paycheck Protection Program (PPP) cash?   Many did miss out. Why?   One reason: the word “loan.”   Who wants a loan? No one. Well, almost no…

The IRS Strikes Back!

The IRS Strikes Back!

Pedro Gonzalez, CPANovember 19, 20207 min read

On November 18, 2020, the IRS released Rev. Rul. 2020-27 and Rev. Proc. 2020-51 providing desperately needed guidance on the timing issues related to Paycheck Protection Program (PPP) loan forgiveness and the deductibility of the related PPP expenses. Since May…

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Deduct 100% of Your Employee Recreation and Parties

  You take Bill, your best customer, to the local country club and treat him…

ByByPedro Gonzalez, CPAMay 26, 2021

Did You Report Your Foreign Bank Accounts?

If you own or have an interest in any foreign bank account or other types…

ByByPedro Gonzalez, CPAJanuary 11, 2021

The IRS Strikes Back!

On November 18, 2020, the IRS released Rev. Rul. 2020-27 and Rev. Proc. 2020-51 providing…

ByByPedro Gonzalez, CPANovember 19, 2020

How Many Whole or Partial Rooms Can You Use For Your Home Office?

With the COVID-19 pandemic still going on, you may be spending more time working from…

ByByPedro Gonzalez, CPANovember 11, 2020

Don’t Overlook at This Deductions if You Are Working From Home

Whether you claim a business office in the home or are simply working at home,…

ByByPedro Gonzalez, CPAAugust 7, 2020

Why Businesses Get Into Trouble With Payroll Taxes?

Payroll taxes troubles is the largest portion of the tax resolution cases we handle in…

ByByPedro Gonzalez, CPAJune 4, 2020
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Updated PPP Rules

The new Paycheck Protection Program (PPP) law enacted with the stimulus package adds dollars to…

ByByPedro Gonzalez, CPAJanuary 8, 2021

Did You Miss Out On The Previous PPP Opportunities?

Did you miss out on the first two opportunities to receive your tax-free Paycheck Protection…

ByByPedro Gonzalez, CPAJanuary 4, 2021

The IRS Strikes Back!

On November 18, 2020, the IRS released Rev. Rul. 2020-27 and Rev. Proc. 2020-51 providing…

ByByPedro Gonzalez, CPANovember 19, 2020

What is Financial Forecasting? And Why Should You Care?

Financial forecasting is the process of predicting the future outcome of economic, marketing, and financial…

ByByPedro Gonzalez, CPANovember 17, 2020
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Post Grid #2

Deduct 100% of Your Employee Recreation and Parties
Did You Report Your Foreign Bank Accounts?
Updated PPP Rules
Did You Miss Out On The Previous PPP Opportunities?
The IRS Strikes Back!
What is Financial Forecasting? And Why Should You Care?
How Many Whole or Partial Rooms Can You Use For Your Home Office?
If the SBA Made Six Loan Payments on Your Behalf, Will You Be Taxed?
Don’t Overlook at This Deductions if You Are Working From Home