As you begin your tax planning for the year 2021, it is vital to keep some important dates posted where you will remember them so that you don’t miss any important tax filing deadlines. Below are some dates to remember for this year. January 15, 2021 IRS free file opens, meaning taxpayers can now file their returns through the multiple […]
Accounting: How To Report COVID-19 Assistance On Your Taxes
Wondering how to account for COVID-19 assistance? Your accountant will have more details for you. To help you prepare, here are a few notes on what to expect. The struggle to stay afloat during the global pandemic has forced a lot of small business owners to turn to both the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan […]