Recent
January 25, 2021

Thanks to a slew of changes in the existing Employee Retention Credit (ERC), businesses can be eligible for both ERC and PPP loans. In this article, we’ll discuss how businesses can get both PPP loans and the ERC.
Read MoreJanuary 21, 2021

The forgivable PPP loan was introduced to revitalize struggling businesses but it came with a tax caveat. In this article, we’ll explore how the new changes impact eligible expenses and deductible tax.
Read MoreJanuary 15, 2021

Maryland is now offering a tax-relief to small businesses, independent contractors, and other self-employed citizens in response to the COVID-19 pandemic. Income tax returns and payments will now be extended until April 15.
Read MoreDecember 17, 2020

Small business owners will not be able to claim a deduction for otherwise deductible expenses if they were paid for by funds from a PPP loan. However, Congress says they are committed to addressing this issue by the end of the year.
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