2020 – 11/30 – Small businesses: Cash in on depreciation tax savers

The Section 179 deduction provides a tax benefit to businesses, enabling them to claim immediate deductions for qualified assets, instead […]

The IRS has provided a safe harbor for deducting expenses if a Paycheck Protection Program (PPP) loan isn’t forgiven. The […]

The IRS will issue SALT deduction regs for pass-through entities. The regs will clarify that specified income tax payments are […]

Here are a few key tax-related deadlines for businesses and other employers during Quarter 4 of 2020. OCT. 15: If […]

On June 4, the U.S. Senate passed the Paycheck Protection Program (PPP) Flexibility Act of 2020. The president is expected […]

The IRS has issued FAQs for C corporations that are interested in carrying back net operating losses (NOLs) to years […]