Common Answer: It depends……. There is the IRS ‘Three-year law” State ‘Four-year law” (Depending on the state). The Six-year audit window if under reporting is
What is the CARES Act? In short, the CARES Act was developed in congress, accepted by the senate, and approved by the president, in answer
From this morning’s issue of my subscription with Journal of Accounting: “The U.S. Senate passed by unanimous consent a five-week extension of the Paycheck Protection Program
Who loves to pay their taxes? NOT ME! Day of reckoning: all three deferred tax payments are due July 15th. 2019 annual tax payments, first
So you’ve been approved for a PP loan, it’s in your bank account, what now? Here’s how to post the deposit in your books and
I used to wonder: why pay for a business bank account when we can use a free personal checking account for our business activity? Answer:
Dear clients and friends of STAC Accounting, LLC My profession is being scattered blown with new CPE (continued professional education) regarding the tax effects and
The 2 Tril Bill has been passed by the House, the Senate, and signed by the President. Thank you for not just crossing, but, disregarding
Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748 Recovery rebates: Payments to taxpayers (“recovery rebates” – advance refunds of a 2020 tax credit)
WHAT are opportunity zones? Opportunity Zones are a new type of investment opportunity that enables investors to defer and ultimately reduce capital gains taxes paid.
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