As a business owner or self-employed individual who provides professional services, it’s important to safeguard your business against a range of potential claims that could threaten long-term financial stability. A proactive option for protecting y...

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. 1. Working from Home Many employees have been told not to come into their workplaces due to the pandemi...

Both personal auto and commercial auto policies offer essential protection against costly claims associated with damage, theft, personal injury and other liabilities. While you may understand how important it is to secure adequate insurance coverage ...

Many recipients of the federal Paycheck Protection Program (PPP) have begun submitting their application for loan forgiveness. Anticipating that the process will take months for forgiveness to be realized, most businesses are wondering how to account...

Despite the COVID-19 pandemic, students are going back to school this fall, either remotely, in-person or under a hybrid schedule. In any event, parents may be eligible for certain tax breaks to help defray the cost of education. Here is a summary of...

As another form of emergency funding as a result of the COVID-19 pandemic, the Federal Reserve (Fed)’s $600 billion Main Street Lending Program (MSLP) was released in April to keep credit flowing to small to mid-sized businesses and nonprofits, esp...

After President Trump issued an executive memorandum deferring the collection of payroll taxes during the COVID-19 crisis, many employers were left questioning how to proceed without further instruction from the Internal Revenue Service (IRS) and the...

The Small Business Administration (SBA) recently issued an interim final rule clarifying the meaning of “owner-employee” for loan forgiveness purposes. The term was first used in a May interim final rule stating caps would be placed on compensati...