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Practical tax insights for working tax professionals.
Written by tax professionals for CPAs, EAs, and tax preparers.

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Social Security Administration Announces 2021 Social Security Changes

2021 Social Security Changes On October 13, 2020, The Social Security Administration released their 2021 Fact Sheet, which announced the changes that will impact benefit recipients in 2021. Having this…

No Tricks or Treats: SBA Releases More PPP Loan Forgiveness Guidance

SBA Releases More PPP Loan Forgiveness Guidance October 31 is Halloween, but it is NOT the due date for PPP loan forgiveness applications to be submitted. This potential issue was…

Simplified PPP Forgiveness Process

Simplified PPP Forgiveness Process SBA releases simplified PPP Forgiveness Process and Form for Loans of $50k or less But before you go cheering into the streets because your clients are…

CFAP 2: How It Works and Application Walkthrough

CFAP 2: How it Works & Application Walkthrough Friend of Tax School Larry Gray, CPA, is back as a guest blogger this week. He has created two short videos to…

September 2020 Filing Deadlines

September 2020 Filing Deadlines Time for a September “Mourn” Stay with me a while…I only want to talk to you… Well, friends, September is here and hopefully with its arrival…

Payroll Tax Deferral: Recent Presidential Executive Orders

Payroll Tax Deferral: Recent Presidential Executive Orders On August 8, 2020, President Trump signed the Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster. Highlights of…