March 18, 2021

Charitable Donations

Its that time of year.  I get to see all my clients (seemingly almost all at once) and most of them are very charitable.  Large donations […]
February 9, 2021

Last Chance Tax Planning

Finally!  We have reached the end of 2020!  We made it!  For you business owners out there who’ve survived and actually made a profit in 2020, […]
February 9, 2021

IRS Direct Pay

COVID!  That’s the new excuse for anything that isn’t working.  So if you didn’t do something right, just say, “COVID” and usually your problems will go […]
February 9, 2021

Virtual Currency Tax Rules

What is virtual currency?  Sounds fake doesn’t it?  Actually, it is a recent invention.  Instead of “virtual dollars” that you have been using with your bank… […]
February 9, 2021

Family Leave Credit Extended

I love to pass along good news!  In these trying times, receiving good news can feel like discovering a gold mine. A couple years ago, I […]
February 8, 2021

Paying Back Deferred Social Security

Back in August, I wrote a column entitled “Trump Payroll Tax Holiday.”  Basically, President Trump had done an executive order to allow employees to elect to […]
January 15, 2021

Employee Retention Credit By – Kelly J. Bullis

The continuing saga of Congress’ attempt to help small businesses impacted by the COVID-19 shutdowns in various states, including Nevada. The “Employee Retention Credit” is up […]
December 30, 2020

Congress Finally Did It! PPP Loans Now Fully Non-Taxable – By Kelly J. Bullis

In past articles, including one just a few weeks ago, I’ve been trying to cover the PPP loan forgiveness issue.  In a quick recap, IRS has […]
December 23, 2020

Last Chance Tax Planning By – Kelly J. Bullis

Finally!  We have reached the end of 2020!  We made it!  For you business owners out there who’ve survived and actually made a profit in 2020, […]