An LLC is a corporate structure where members cannot be held accountable for the company’s debts or liabilities. This can shield business owners from losing their entire life savings if, for example, someone were to sue the company.
IRS Hires 4,000 Customer Service Representatives
The IRS announced progress to prepare for the 2023 tax filing season as the agency passed a milestone of hiring 4,000 customer service representatives to help answer phones & other services. https://postly.app/1Um1 #taxeducation #taxes #tax #taxseason #nstp #taxrefund #taxrefunds
Student Loan Relief
Student loan relief is available to help millions of student loan borrowers, including 20 million student loan borrowers who will have all their federal student loans canceled. https://postly.app/1TpP #taxeducation #taxes #tax #taxseason #nstp #taxrefund #taxrefunds #taxreturns
IRS Announces Safe Harbor for First-Round PPP Deductions
Reference Source – Drake he early bird gets the worm. We’re taught that punctuality and working ahead leads to success. While generally holding true, there are obviously some exceptions—like when Congress passes retroactive tax law changes a month after Americans … Read More
PPP Loan Forgiveness
The paycheck protection program was designed to help your small business during thepandemic. Not only has it allowed an influx of cash reserves for your business to helpkeep employees paid, but it is 100% forgivable if used properly. What exactly … Read More
SBA Loan Fraud Emails
Fraudulent e-mails were sent out as correspondence from the U.S. Small Business Administration telling you that you could apply for a small business disaster assistance grant. You are instructed to sign an attached document and upload it to the SBA’s … Read More
IRS Establish Audit Topics & Diverse Community Partners Virtual Event (Save The Date)
October 2020 Brace Yourself – Stay Prepared DCP Virtual Holiday Event CLIENTS ONLY & SPECIAL GUESTS Save the Date When: December 4, 2020 Time: 7:00 to 8:30pm Where: RSVP – You will receive the Zoom Link This year has brought … Read More
Stimulus Checks – Taxable or Not
While the news on coronavirus is grim, you might be happy to know that you won’t owe taxes on your stimulus check, also known as an Economic Impact Payment. Under the Cares Act, the stimulus checks are treated as a … Read More
Income Tax Deferred Options
Time Sensitive Email – PLEASE READ! SEP, 401K, LIFE INSURANCE ETC We are quickly approaching the end of the year – Are you ready? DCP Year End Virtual Event SAVE THE DATE Diverse Community Partners, Inc. (DCP) Year end virtual … Read More