UPDATE: The Corporate Transparency Act May Still Apply to You
On March 1, a district court judge ruled that the Corporate Transparency Act (CTA) is unconstitutional. However, his decision applied only to the...
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Alex Helkamp, CPA, CCIFP : December 22, 2020
December 22, 2020 – This week, votes are being cast on two large measures put together by congressional leaders toward both a $900 billion Covid-19 relief bill and $1.4 trillion omnibus spending bill.
Included are a revival of the Paycheck Protection Program (PPP) and various tax extenders that come in addition to money for direct economic relief, healthcare, testing, and vaccination costs, schools, rental assistance, food and farm aid, surprise medical bills, water projects, the postal service, and child care.
Paycheck Protection Program expenses are now deductible, even if your loan is forgiven.
On March 1, a district court judge ruled that the Corporate Transparency Act (CTA) is unconstitutional. However, his decision applied only to the...
Bookkeeping is strategically important for every business because financials form the foundation for daily operations and future planning....
In a decision issued March 1, 2024, U.S. District Court Judge Liles Burke ruled that the Corporate Transparency Act (CTA) is unconstitutional....