Posts by Denise Calderon
Summary of the Coronavirus Relief and Government Funding Bill, December 27, 2020
This year has come to an end and as I prepare for the coming tax season, I wanted to inform everyone about the Coronavirus Relief and Government Funding Bill.
Read MoreHow does President Trump’s Executive Orders, For Economic Relief, affect you?
You may have heard or read it all by now, but here is an explanation of what the four executive orders are and how they affect you
Read MorePaycheck Protection Program Flexibility Act
Here are the changes to the original PPP program within the Cares Act after a new bill was signed into law, the the Paycheck Protection Program Flexibility Act.
Read MoreHigher Education Emergency Relief Fund
As a part of the CARES Act, a new student emergency financial aid grant is available to qualifying students through their college or university.
Read MorePaycheck Protection Program Loan Forgiveness
I am glad to see that businesses are starting to see the loans they applied for come in. However, these are loans which means there are rules to follow.
Read MoreCARES Act
The largest economic stimulus bill was signed into law on March 27, 2020. The $2 trillion CARES Act addresses financial relief for individuals and businesses.
Read MoreDeath And Taxes
As the old saying goes, there are two things that are definite, death and taxes. Therefore, I thought we should discuss taxes once a family member passes.
Read MoreEnd Of Year Tax Tips
It’s time to start thinking about tax season, and with the craziness of the holidays, don’t wait to worry about your tax documents until it’s time to file.
Read MoreWhat You Need to Know About Reporting Virtual Currency Transactions to the Internal Revenue Service
The IRS started sending letters to virtual currency transactions taxpayers who potentially failed to report income or didn’t report their transactions properly.
Read MoreIs it Just a Hobby or Are You Running a Business?
There are special rules and limits for deductions when you report the income and expenses on an activity that is a hobby, which is different from a business.
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