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IRS Taxpayer Bill of Rights

As part of the IRS Tax Tip 2021-112, the IRS reminded the taxpayers their Bill of Rights. We highly recommend reaching out to a tax professional once you get a notice from any tax authority to ensure it is address on a professional and timely matter. We noted that some of the notices received by

By |2021-08-19T11:18:26+00:00August 5th, 2021|Categories: Individuals|Tags: , , , , , |

Revenue losses due to COVID19 – Insurance coverage? – Business interruption exclude catastrophic events

The Small Business Majority https://smallbusinessmajority.org/, through their Policy Agenda,  support "Pass legislation that would ensure business insurance companies cover COVID-19 revenue losses." Note that the business interruption insurance (BII) does not cover COVID-related expenses. The Small Business Majority endorsed two pieces of legislation nationally that would allow insurance companies to cover those expenses that small businesses have

By |2021-01-05T10:45:33+00:00September 23rd, 2020|Categories: Business|Tags: , , , , , |
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