PPP - Loan Necessity Questionnaire
Early on in the PPP application process there was question and concern around applicants demonstrating the need for the loan. Relief…
Changes to Rebuild VA Small Business Grant Program
Recently Governor Northam announced changes in the Rebuild VA Grant Program expanding both the eligibility criteria and the amount of…
The Families First Coronavirus Response Act Follow-Up
In March, the Families First Coronavirus Response Act (FFCRA) was enacted which requires certain employers to provide employees with expanded…
When a Spouse Inherits an IRA
Spouses have the most flexibility when inheriting individual retirement accounts (IRAs). The basic rules are: The spouse may treat the inherited…
Hobby or Business? How to Treat COVID-19 Sideline Activities for Taxes
Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs….
Disability Income: How is it taxed?
Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case…