PPP Loan Forgiveness – How to Apply

PPP Loan Forgiveness – How to Apply

Have you received a Paycheck Protection Program (PPP) loan, or are you planning to apply for one? Read on to learn more about PPP loans and how to apply for PPP loan forgiveness. NOTE: There is still time to apply for a PPP loan! The deadline to apply has been...
New Tax Deduction for Charitable Donations in 2020

New Tax Deduction for Charitable Donations in 2020

Taxpayers who do not itemize their deductions can claim as much as $300 in charitable contributions for calendar year 2020, thanks to a temporary change to the tax code. Typically, taxpayers who itemize their deductions on Schedule A of Form 1040 can deduct donations...
File By July 15 Even If You Can’t Pay

File By July 15 Even If You Can’t Pay

Tax day 2020 is July 15, which is just 2 days away! If you’re feeling tempted to blow off your 2019 tax filing, let us convince you why it’s a better idea to go ahead and file.  You might get a refund, with interest!  Sometimes people are afraid...
Tax Day 2020 is July 15

Tax Day 2020 is July 15

Due to the COVID-19 pandemic, the IRS automatically extended the deadline to file 2019 tax returns and pay taxes from April 15 to July 15.  This applies to taxpayers who normally file and pay on April 15, which is most people. (Some businesses are on a different...