(This article has been updated to reflect clarifications in the deductibility of business expenses for employee social gatherings) Wining and dining clients, prospects and business contacts has been, and continues …
Maryland Accesses Rainy Day Fund for $250 Million of New Economic Relief
The state of Maryland is dipping into its Rainy Day Fund to add $250 million to the state’s emergency economic relief efforts for small businesses. The additional relief adds to …
New SBA Guidance Clears the Way for a Simpler PPP Loan Forgiveness Process
On August 11, when we last wrote about the Personal Paycheck Flexibility Act, the window for PPP loan forgiveness applications had just started to open. But, as we indicated at the …
Are Health Savings Accounts (HSA) the Ultimate Health Care Insurance Plan?
The Health Savings Account (HSA) has been around for more than 15 years, yet it remains one of the best-kept secrets as a tax savings and medical expense reduction tool. …
529 Plan Reimbursements for Off-Campus Living
With college campuses opting for online classes during the COVID-19 outbreak, many students have been taking classes from home, and all indications are this will continue at least through the …
How Do I Find a Real Estate CPA?
For any real estate business trying to get to the next level, the increasing demands of financial management are often beyond the business owner’s capabilities. As the business grows, so …
