by Sarah Boehle Pool | Jun 18, 2020 | Latest News
PPP Flexibility Act eases rules for borrowers coping with COVID-19 As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic impact of the COVID-19 pandemic....
by Sarah Boehle Pool | Jun 10, 2020 | Latest News
Student loan interest: Can you deduct it on your tax return? The economic impact of the novel coronavirus (COVID-19) is unprecedented and many taxpayers with student loans have been hard hit. The Coronavirus Aid, Relief and Economic Security (CARES) Act contains some...
by Sarah Boehle Pool | Jun 8, 2020 | Latest News
IRS releases 2021 amounts for Health Savings Accounts The IRS recently released the 2021 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA basics An HSA is a trust created or organized exclusively for the purpose of paying the “qualified medical...
by Sarah Boehle Pool | Jun 4, 2020 | Latest News
How to succeed at virtual team building Thanks to affordable technology, more and more companies have been allowing employees to work remotely in recent years. It’s become feasible to procure laptops, set up security protocols, use cloud servers and rely on employees’...
by Sarah Boehle Pool | Jun 3, 2020 | Latest News
There’s still time to make a deductible IRA contribution for 2019 Do you want to save more for retirement on a tax-favored basis? If so, and if you qualify, you can make a deductible traditional IRA contribution for the 2019 tax year between now and the extended tax...
by Sarah Boehle Pool | Jun 1, 2020 | Latest News
Fortunate enough to get a PPP loan? Forgiven expenses aren’t deductible The IRS has issued guidance clarifying that certain deductions aren’t allowed if a business has received a Paycheck Protection Program (PPP) loan. Specifically, an expense isn’t deductible if...
