General Business Counsel
Concise and Practical Information of Covid-19 Resources for Businesses and Individuals
Concise and Practical Information of Covid-19 Resources for Businesses and Individuals
General Business Counsel
CARES Act tax provisions aim to stabilize pandemic-ravaged economy
What you need to know about the new Stimulus Package and the tax provisions.
Taxes
Business Tax and Bad Debt
For business owners, there is no worse feeling than acknowledging a receivable will not be collected. That bad debt has to get off the books, resulting with business owners writing it off. There may be some solace by claiming a bad business debt deduction on the business tax return
Taxes
2020 mileage rates from IRS
If your company has employees on the move, one of your concerns is likely how to reimburse them for the miles they drive for business. Whether employees are transporting patients to a hospital, moving construction equipment, delivering packages or food, or doing any other number of jobs that require them to drive, it’s essential that they accurately keep track of their vehicle mileage, and that they’re being reimbursed appropriately.