by Sarah Boehle Pool | Oct 15, 2020 | Latest News
Weighing the risks vs. rewards of a mezzanine loan To say that most small to midsize businesses have at least considered taking out a loan this year would probably be an understatement. The economic impact of the COVID-19 pandemic has lowered many companies’ revenue...
by Sarah Boehle Pool | Oct 14, 2020 | Latest News
Homebuyers: Can you deduct seller-paid points? Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide, compared with last year. One of the reasons is the pandemic: “With the sizable shift...
by Sarah Boehle Pool | Oct 12, 2020 | Latest News
Employers have questions and concerns about deferring employees’ Social Security taxes The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment of certain payroll tax...
by Sarah Boehle Pool | Oct 8, 2020 | Latest News
IRS announces per diem rates for business travel In Notice 2020-71, the IRS recently announced per diem rates that can be used to substantiate the amount of business expenses incurred for travel away from home on or after October 1, 2020. Employers using these rates...
by Sarah Boehle Pool | Oct 7, 2020 | Latest News
Tax implications of working from home and collecting unemployment COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations. Working from home. Many employees have been told not to...