Month: January 2021

A brief look into the Form 1099 NEC

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Published on 31/1/2021 T The tax season is approaching soon and the deadline to report your income tax is here. And this year you will have to fill out [...]

A brief look into getting both PPP loans and the ERC

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Published on 25/01/2021 The Paycheck Protection Program is a provision under the CARES Act that assists small businesses to help them keep afloat and [...]

Prospective tax form changes for 2020 Tax Filing

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Published on 18/01/2021 Reforms in the tax code were expected given the recent changes in the Tax Code and considering the latest stimulus payments. The [...]

All you need to know about the second round of stimulus payments

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Published on 11/01/2021 While March 2020 brought the upsetting news of country-wide curbs and an economic slowdown due to the coronavirus pandemic, there [...]

Do All Kinds of Charitable Donations Promise Tax Deductions?

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Published on 04/01/2021 We have officially entered 2021 and the much-dreaded 2020 is finally behind us. For a lot of people in the country, 2020 was the [...]