by briesterer | Feb 25, 2021 | Financial Planning
The Biden Administration announced changes to the Paycheck Protection Program (PPP) to increase lending to smaller businesses and help ensure equitable distribution of loans to them. But qualified businesses may want to act fast because there is a two-week period when...
by briesterer | Feb 22, 2021 | Tax & Accounting
Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadline for filing your return until October 15, but you can’t extend the deadline for paying what you owe...
by briesterer | Feb 22, 2021 | Tax & Accounting
Good news! Business taxpayers may still be able to take actions to lower their federal income tax liabilities for 2020, as well as for future years. Consider these ideas before you file last year’s return. Claim 100% First-Year Bonus Depreciation — Or Maybe Not For...
by briesterer | Feb 7, 2021 | Tax & Accounting
When forming a business there are several options available when determining business structure. This article will focus on S corporation benefits and drawbacks and other key considerations when forming a business. Which selection is made will impact day-to-day...
by briesterer | Jan 20, 2021 | Financial Planning
Transitioning Ownership The decisions made regarding ownership of the family office or closely-held business may not necessarily be the same decisions that are required for leadership and management. It’s critical to understand and acknowledge the different elements...