Paycheck Protection Program and Other Deadline Updates 4.13.20
Non-Filers: Enter Payment Info Here
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Economic Impact Payments
https://www.irs.gov/coronavirus/economic-impact-payments
Deloitte Update on Phase 4 Covid-19 bill:
https://newsletters.usdbriefs.com/2020/Tax/ALS/200413_1.html?elqTrackId=22d5d793306e4f02950504730022a362&elq=79d172a9e23e48ccaae51a8e4d3f2c26&elqaid=69713&elqat=1&elqCampaignId=13291
What is Sole Proprietorship?
What is Sole Proprietorship? A sole-proprietorship is a business that is owned by one person or by a husband and wife. Unless the business is formed as a corporation or a limited liability company, it will be a sole-proprietorship by default. One of the biggest advantages of operating a business as a sole-proprietorship is that…
Conducting Your Business as a Corporation
Conducting Your Business as a Corporation The limited personal liability of a corporation isn’t ironclad. In the event the business ends up owing more money to a creditor than it has the ability to pay, the creditor will then look to the business owner. Under a legal theory known as “piercing the corporate veil,” if…
Budgeting For Your Business
Budgeting For Your Business “Your business opportunities improve with the use of a budget, a powerful tool which assists you in achieving your financial goals.” Introduction: A well-designed budget helps you: Predict income and expenses Control cash flow Communicate financial goals As an entrepreneur, you may not have the time or financial expertise to establish…
Deducting Start-Up Expenses: An Open Or Shut Case
Deducting Start-Up Expenses Starting a business typically takes more than a little know-how. More often than not, it requires cold, hard cash. However, there is some good news — you may qualify for a little help from Uncle Sam in the form of a tax deduction for some of your start- up costs. The costs,…