To keep your business solvent through the COVID-19 pandemic, stay focused on the 3 rules of cash flow: 1) Now versus later. Cash now is better than cash later. Decreasing cash flow for many of your customers means you’ll likely have trouble collecting 100% of...
The IRS is warning you to be on the lookout for tax scams, including a surge of calls and e-mail phishing attempts related to the Coronavirus pandemic and the one-time economic impact payment. Since we are focused on helping businesses cut taxes and increase profits...
Who would ever have foreseen a time when petroleum companies would pay you to take their oil? This phenomenon underscores the concept that within every problem there is an opportunity. Here are some tax strategies to think about during the Coronavirus pandemic. Now...
The IRS recently announced the launch of web sites for non-tax filers to register to receive their economic impact payment and a new Get My Payment tool. Here is what you need to know. Background As a response to the Coronavirus pandemic, the government is sending...
In addition to filing delays and stimulus payments, the IRS is implementing many changes in response to the coronavirus pandemic. Here are some of the major topics that could affect you and your family. Early distribution penalty waived The 10% early distribution...
