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      The possible tax consequences of PPP loans

      The possible tax consequences of PPP loans

      Call Now Setup an Appointment If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax implications. PPP basics The Coronavirus Aid, Relief and...
      Steer clear of the Trust Fund Recovery Penalty

      Steer clear of the Trust Fund Recovery Penalty

      Call Now Setup an Appointment If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s called the “Trust Fund Recovery Penalty” because it applies to the Social Security and income taxes required to be withheld by a business...