What to expect when Biden takes over
By: Phil Gaudiano, CPA In a previous post, I broke down the various provisions of the Trump and Biden tax plans in a […]
Employee Retention Credit — Help maintain your employees and payroll during the COVID-19 crisis
By: Phil Gaudiano, CPA To help businesses retain employees and keep them employed during the COVID-19 crisis, Congress has provided a refundable […]
Emergency COVID Relief Agreement reached — Help is on the way
By: Phil Gaudiano, CPA Downloadable summary of pandemic relief for: Original Post: After months of political bickering, Congress has reached an agreement on […]
Economic Impact Payment info available on IRS.gov
By: Phil Gaudiano, CPA Since many taxpayers may have mistakenly discarded their Letter 1444, which came with the Economic Impact Payments (stimulus […]
Don’t Throw Away Your Stimulus Payment!
By: Phil Gaudiano, CPA If you are like most Americans, you receive tons of junk mail, which you tend to discard without […]
Don’t be hasty to apply for PPP forgiveness
By: Phil Gaudiano, CPA As it stands right now, PPP loan proceeds (and the related forgiven amount) are expressly excluded from income. […]
Digital Assets and Consensus Mechanism Changes – A Tax Perspective
By: Phil Gaudiano, CPA As the world of digital assets continues to evolve, many investors and users of cryptocurrencies find themselves navigating […]
Demystifying the Bidens’ S Corp Compensation: A Look at Reasonable Salaries for S Corp Owners
By: Phil Gaudiano, CPA Recent discussions have brought the financial practices of Joe and Jill Biden into the spotlight, particularly their use […]
Crypto Asset Inheritance Plan
By: Sharon Yip, CPA For crypto investors who want to pass their crypto assets to the next generation, there are some unique […]
Congress passes the American Rescue Plan Act
By: Phil Gaudiano, CPA While the COVID-19 pandemic is finally slowing down, the economic damage that it caused lingers on. In order […]
Congress liberalizes PPP forgiveness
By: Phil Gaudiano, CPA With all the confusion surrounding Paycheck Protection Program (PPP) loans, much time and talk has been spent in […]
Can You Avoid Paying Your Crypto Taxes Legally?
By: Sharon Yip, CPA Many people wonder how the rich can get away without paying their taxes, legally speaking of course. But […]