A few things to share with you all as it pertains to the current situation with the PPP Loan forgiveness and tax deductibility. The Internal Revenue Service has issued Rev Ruling 2020-27 that plainly (well plainly in Internal Revenue Service language) states that the...
Good Evening business owners! Some important news to share and make you aware of that may impact you for this coming tax filing season. The Internal Revenue Service has reinstate form 1099-NEC for all business that pay independent contractors. Instead of utilizing...
