Both houses of Congress have passed the PPP Flexibility Act of 2020, and it awaits the President’s signature, which is expected. We provide below a…
PPP Forgiveness Changes as Congress Passes PPP Flexibility Act of 2020
June 4, 2020 by · Leave a Comment
Payroll Tax Deferral Provided By CARES Act
April 15, 2020 by · Leave a Comment
Among other provisions, the CARES Act permits employers to defer the deposit and payment of the employer’s portion of social security taxes that otherwise would…
Individual Cash Free Tax Benefit – 20% Qualified Business Income Deduction
October 18, 2018 by · Leave a Comment
Most income tax deductions for individuals require that you spend cash for the deduction – pay your property tax, write a check to charity, etc.…
Tax Benefits for Hurricane or Storm Damage
October 27, 2017 by · 1 Comment
If you suffered damage to a primary residence or resort property from the recent East Coast hurricanes, you may be eligible for some income tax…
Individual Retirement Accounts Benefit From But Carefully Manage the Tax Deferral
August 12, 2017 by · Leave a Comment
For many families, an individual retirement account can be their largest investment asset and in many situations will be the primary source of income during…
Real Estate Exchanges: A Great Opportunity That Requires Careful Planning
June 30, 2017 by · Leave a Comment
Given a choice of paying income tax now or paying later, almost all of us would pay later. We can keep the dollars otherwise paid…