by Pedro Gonzalez, CPA | Mar 26, 2020 | Tax, Tax Planning & Preparation
Commissioner Chuck Rettig announced the IRS People First Initiative to provide immediate relief to help people facing uncertainty over taxes during the health crisis. Highlights of the key actions in the IRS People First Initiative include: Installment Agreements...
by Pedro Gonzalez, CPA | Mar 24, 2020 | Business Planning, Cash Flow
These are unprecedented times in our economy. We continue to track the evolving landscape of financial programs offered to small businesses disrupted by the coronavirus (COVID-19). The U.S. Small Business Administration (“SBA”) is offering loans through additional...
by Pedro Gonzalez, CPA | Mar 20, 2020 | Business Planning, Cash Flow
An economic downturn is a phase of the business cycle in which the economy is in decline. This phase basically marks the end of the period of growth in the business cycle. Economic downturns are characterized by decreased levels of consumer purchases (especially of...
