IRS Confirms Expenses Paid with PPP Loans Not Deductible in 2020
In guidance issued in late November, the IRS confirmed that taxpayers that received a Paycheck Protection Program (PPP) loan and that paid […]
Month: December 2020
Tax Savings for Non-Itemizers
A common misconception in tax filing is that those who use the Standard Deduction instead of itemizing deductions have few additional benefits […]
Six Ideas to Lower Your Taxes This Year
As we approach the end of the year, there’s still time to reduce the taxes you owe in 2020. Here are six […]