Blog
What’s in a Name? The Business Value of YOU
In a significant move last year, the NCAA decided to allow individual athletes to profit from their own name, image, and likeness. While you may not be a superstar on the court, you might be...
Feds Now Prosecuting PPP Loan Fraud
For those who received PPP money during the pandemic and misused it, the time of reckoning is already here. More than a dozen criminal cases have been filed across 11 states involving PPP loan...
Law Firms: More Changes in Partnership Tax Forms Ahead
Have you seen the newly redesigned partnership tax form? The IRS would like taxpayer input on it before releasing it in 2021. According to the IRS, the proposed form is designed to provide...
IRS “Wealth Squad” to Audit Hundreds by October
The IRS is back to business, conducting new examinations of tax returns and enforcing collections. A top priority? It intends to audit hundreds of high-net-worth taxpayers by September 30,...
Syndicated Conservation Easements Get Complicated
Designating conservation easements on property can be a great way to preserve land while gaining a valuable tax break. But the IRS is cracking down on abuses of this practice by partnerships...
Eldercare and Your Taxes
Have you suddenly become a caregiver for a family member as care facilities are in lockdown? Don’t forget the critical tax deductions that could be waiting for you. As nursing homes and...
It Still Pays to Build Green
Tax cuts have been extended for developers of renewable energy projects that have been delayed by the pandemic. The COVID-19 pandemic has held up many construction projects, including those...
Main Street Lending Alternative to a PPP Loan
If you've had trouble securing U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) funds for your business, the Federal Reserve is offering an alternative through a...
Exit and Estate Planning for Business Owners
The coronavirus pandemic has forced many of us to consider our business succession and estate plans. No matter how successful you are or how well you take care of yourself, your financial...
Tax Changes for Property Improvements and Business Losses
Some long-awaited great news for commercial property and business owners: The CARES Act that was passed in response to the COVID-19 pandemic includes technical corrections and additional...
