Posted: March 22, 2021 | Category:
Can you believe we’ve just passed the one year anniversary of this pandemic? While more Americans are getting vaccinated and the pandemic is showing signs of slowing down, sadly the economic damage continues. Certainly you’ve heard by now that Congress has passed the American Rescue Plan Act (the Act). The Act is a $1.9 trillion […]
By: William E. Bloss, CPA | Posted: February 5, 2021 | Category: PPP
With all that you’ve fought through over this past year, it’s time you get a little positive news thrown your way. But before I go too far just let me say…”We’re awaiting further guidance from the IRS.” There it is! I got it out of the way quickly this time. But know what I’m about […]
By: Darian Allen, CPA | Posted: December 10, 2020 | Category: Taxes
The unveiling of our new website seems to be a good time to discuss the deductibility of website related costs. The business use of websites is widespread, but IRS has not yet issued formal guidance on when Internet website costs can be deducted. Fortunately, established rules that apply to the deductibility of business costs in […]