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Corporate Tax Return Prep

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pandemic

How to Address Rising Tax Problems During COVID-19

January 13, 2021 by Alex Franch, BS EA

COVID-19 has touched nearly every aspect of the lives of every American. It has even affected finances for most Americans as well, creating waves of economic stress. It will have some tax implications that many people have not considered. For some, it can mean simply reporting income or expenses differently. For others, it may mean […]

Filed Under: coronavirus, covid-19, pandemic, Tax Problems Tagged With: Covid-19

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SBA Questioning PPP Borrowers with Loans Over $2 Million

December 30, 2020 by Alex Franch, BS EA

When Congress initially authorized the Paycheck Protection Program, its intent was to provide loans that would be partially or completely forgiven if used for the intended purposes of helping businesses affected by COVID-19 stay afloat and to help those businesses maintain payroll. As part of the Small Business Administration’s (SBA’s) loan application, Form 2483 or […]

Filed Under: pandemic, small business Tagged With: Paycheck Protection Program, PPP, SBA, small business association

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  • Corporations
  • S-Corps
  • Partnerships & LLCs
  • Business Planning
  • IRS Tax Problems?
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