2020 was a year of both great challenges and opportunities. If your business was somehow tied to tourism and travel, as so many are in the Flagstaff area, you are to be congratulated for surviving these last 12 months. On the other hand, some businesses, e.g., homebuilding and real estate sales, probably had a great year. My objective in writing this article is give you, the business owner, just enough information to enable you to ask questions of your tax pro on how to obtain the maximum … [Read more...] about Obtaining the Maximum Benefits from the Employee Retention Credit
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What is in the American Rescue Plan for Your Business?
This month, we are going to unpack how the American Rescue Plan Act, the most recent law passed by the federal government, impacts you and your business. The economy is being flushed with cash, $1.9 trillion, and it is good to know where it is flowing so you can figure out how to benefit. There are seven major categories for where the money is going: people, health care, Native American Tribes, education, veterans, state and local allocations, and small businesses. It is helpful to know the … [Read more...] about What is in the American Rescue Plan for Your Business?