The United States Department of the Treasury expects taxpayers to “pay no more than the correct amount of tax.” It is plausible that the Internal Revenue Service (IRS) receive declarations such as easier said than done, I did not know I could not deduct that expense, my...
So, what’s next? This is a typical question after a series of challenges. The year of 2020 (like other years such as 1914) has been eye opening to the world. Another popular adage is “live and let live.” Various interpretations of this phrase exist. In...
The CARES Act acronym has a lot of meaning by design. One of the goals of the Conronavirus Aid, Relief and Economic Security Act is to reduce the COVID-19 pandemic’s damage to the United States (U. S.) economy. A few of its key provisions are...
Yes, it is a best practice to have a well-planned, proactive business continuity strategy. Uncertainty is always constant in life just like change. To society’s advantage, we have the skills of intuitiveness, adaptability and flexibility to identify the journey through challenging times. Small businesses and...
Stay tuned to updates on the bill and final law highlighting legislation of the Coronavirus Aid, Relief and Economic Security (CARES) Act. The Senate and House of Representatives of the United States of America are expected to approve this bill early next week. Pierce, CPA &...