COVID-19 Grants: Taxable or Not?
Billions of dollars in grants are being doled out to individuals and businesses in the wake of the COVID-19 pandemic. [...]
PPP Update: Two New Rules for Owners of S and C Corporations
PPP Update: Two New Rules for Owners of S & C Corporations The Payroll Protection Program (PPP) rules—they keep a-changing. [...]
Seven Things To Know Before You Take Out EIDL Loan
Seven Things To Know Before You Take Out EIDL Loan Small Business Administration (SBA) Economic Injury Disaster Loans (EIDLs) can [...]
Bharmal & Associates, Inc. Receives First Reviews on Clutch, Maintains Perfect 5.0-Star Average on the Platform
We’re no ordinary accounting firm here at Bharmal & Associates, Inc.! With years of experience as a professional service organization, [...]
All About Limited Liability Companies(LLC)
All About Limited Liability Companies(LLC) LLC owners are called members. Single-member LLCs have one owner, although spouses who jointly [...]
Four PPP Forgiveness Answers for S-Corp Owner-Employees
Four PPP Forgiveness Answers for S-Corp Owner-Employees Tax law definitions do not apply to much of the Payroll Protection Program [...]
How Law Makers Working to Make PPP Loan Expenses Deductible & How You Can Help
How Law Makers Working to Make PPP Loan Expenses Deductible & How You Can Help As you read this, it’s [...]
COVID-19 Relief if You Work Abroad or Travel to the U.S to Work
COVID-19 Relief if You Work Abroad or Travel to the U.S to Work If the federal tax you pay [...]
IRS Enables Millions to Qualify for the $100,000 Grab & Repay
IRS Enables Millions to Qualify for the $100,000 Grab & Repay New IRS guidance expands the possibilities for what is [...]
Changes to RMD Laws Due to COVID-19
Due to the COVID-19 pandemic, Congress made changes to the tax law related to retirement account distributions. The changes open [...]