by Sheri Hart | Jan 6, 2021 | Business Strategy, Financial Planning, Payroll, Small Business, Tax
New law doubles business meal deductions and makes favorable PPP loan changes The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for businesses....
by Sheri Hart | May 6, 2020 | Business Strategy, Financial Planning, Non-Profit, Payroll, Small Business
Because the regulatory requirements surrounding the Payroll Protection Program (PPP) Loans are continuing to change, we feel it is crucial to update you on some recent developments: Employers looking to rehire employees that have been receiving unemployment...
by Sheri Hart | Aug 19, 2019 | Business Strategy, Financial Planning, Small Business, Tax
Working from home has its perks. Not only can you skip the commute, but you also might be eligible to deduct home office expenses on your tax return. Deductions for these expenses can save you a bundle, if you meet the tax law qualifications. Under the Tax Cuts and...
by Sheri Hart | May 28, 2019 | Financial Planning, Small Business, Start-ups, Uncategorized
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office supplies and certain other expenses. Some expenses...
by Sheri Hart | May 14, 2019 | Financial Planning, Small Business, Start-ups, Tax, Uncategorized
Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for...