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You Owe the IRS — And COVID Is Affecting Your Business: What Can You Do?

There’s no discounting the economic impact of the coronavirus pandemic, which has proven devastating for already vulnerable businesses. Even as quarantine restrictions ease, you may face a variety of unprecedented challenges that prevent your business from achieving expected profits — and handling already overwhelming tax issues. Thankfully, the IRS and SBA offer a variety of […]

What the IRS Is Doing Now to Help Taxpayers Who Owe 250K Or Less

The coronavirus arrived at a tough time for taxpayers, many of whom were already struggling to file returns and make payments prior to the pandemic. Now, concerns that taxpayers hoped to resolve months ago continue to loom large. If there’s a silver lining to all this, it’s an unexpected break from IRS issues that would […]

Quick Guide to Tracking Your EIDL Money

The Small Business Administration has long maintained a program known as the Economic Injury Disaster Loan (EIDL). Until recently, however, most businesses did not need to take advantage of this loan. All that changed as the coronavirus took over. In response to economic concerns related to quarantine, the loan program saw a significant expansion via […]