Aug 6, 20214 min readDay Care Providers Enjoy Special Tax BenefitsA taxpayer who is in the business of providing family day care in their home may deduct the ordinary and necessary expenses of their...
Jul 22, 20212 min readCOVID recovery: support local restaurants and get a tax breakCongress has provided businesses with a temporary tax break as a means of helping the restaurant industry, which has been devastated by...
Jul 9, 20215 min readTax Issues Related to Renting Your Vacation Home Do you own a second home at the beach, in the mountains, or some other getaway location, or are you thinking about buying one? If so,...
Jan 20, 20212 min readPPP Loan ForgivenessCongress passed, and President Trump signed, the Consolidated Appropriations Act, 2021. Included in its approximately 5,600 pages is a...
Jan 8, 20212 min readIncreased Business Meal Deductions for 2021 and 2022 If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction for...