What Is an S-Corp Election?
Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.
It’s Not A Popularity Contest
“If you are afraid of being lonely, don’t try to be right.” – Jules Renard I was recently having a conversation with someone who’s ...
Improperly forgiven PPP loans are taxable
On August 19, 2022, The IRS Office of Chief Counsel released a memorandum saying that when a taxpayer’s loan is forgiven based upon misrepresentations or omissions, the taxpayer is ineligible to exclude the forgiveness from taxable income.
How Can You Change?
“A mind is like a parachute. It doesn’t work if it’s not open.” – Frank Zappa It goes without saying that the world we’re ...
Expect More IRS Audits
The Inflation Reduction Act allocated $80 billion to the IRS for hiring additional personnel and improving processes and technology. Learn about how this might affect audits and the time limitations for conducting an audit.
Falling Down & Getting Up
“Failure is the tuition you pay for success.” – Walter Brunell Sometimes, as leaders, we get frustrated with outcomes. We usually have pretty lofty ...
Who Knows You?
“If you are tuned out of your own emotions, you will be poor at reading them in other people.” – Daniel Goleman One of ...
Get Uncomfortable
“If it doesn’t challenge you, it doesn’t change you.” – Fred DeVito I’ve found myself thinking about ancient history lately. In particular, I’ve been ...
How the Student Loan Debt Relief Plan works
President Biden announced a plan to extend the pause on student loan repayments and offer student loan forgiveness to millions of borrowers. Under the Student Loan Debt Relief Plan, eligible borrowers will have up to $20,000 of their student loans forgiven. Watch this video to learn more about the program.
Nothing’s Perfect
“Nothing will ever be attempted if all possible objections must first be overcome.” – Samuel Johnson It’s part of human nature that we tend ...
