UPDATE: As part of the stimulus bill passed in December 2020, businesses may deduct 100% of business meals in 2021 and 2022 if the meals...

Congress recently passed a law simplifying the PPP forgiveness application process. Borrowers that received less than $50,000 in loan...

President Trump signed the law on March 27, 2020 in order to provide economic support to individuals and businesses during the economic...

President Trump signed the law on March 27, 2020 in order to provide economic support to individuals and businesses during the economic...

Due to the outbreak of Covid-19, the SBA has announced a special loan program to help with the economic slowdown. The SBA will work...

Timing The FFCRA was signed into law on March 18, 2020 and the benefits must begin within 15 days of that date. The law will take effect...

Many small business owners and entrepreneurs that use Schedule C to report their business income are unaware of the benefits of creating...

Congress passed tax reform during the week before Christmas of 2017. This was the most sweeping tax law change since the recodification...

Congress passed tax reform during the week before Christmas of 2017. This was the most sweeping tax law change since the recodification...

IR-2017-204, Dec. 14, 2017 WASHINGTON ― The Internal Revenue Service today issued the 2018 optional standard mileage rates used to...