Posts Categorized: Business & Tax
Top Takeaways from New COVID-19 Pandemic Relief Legislation
Daniel Foley | December 28, 2020

The passing of the Consolidated Appropriations Act, 2021, H.R. 133—a $900 billion pandemic relief bill— affords many important provisions that impact both individual and business taxpayers. Your trusted REDW tax advisors have provided a summary of the top provisions within the bill. Read more. Read More
Expenses Paid with PPP Loans: an Unexpected Turn
Ryan Hart | December 28, 2020

The recently passed "Consolidated Appropriations Act, 2021" contains a welcome surprise for business owners affected by the COVID-19 pandemic. In a significant turn away from guidance originally published by the IRS, the new legislation intends to allow a business to deduct expenses in full, even if paid with forgiven PPP funds. Read more. Read More
Spread Some Holiday Cheer: 2020 IRS Rules on Charitable Deductions
Craig Neumann | December 2, 2020

One provision of the CARES Act allows you to take an extra deduction on your federal income tax return in 2020, even if you don’t itemize. Since many nonprofits are hurting due to the pandemic, a small donation will help them and help you with an extra tax break—welcome news in times of financial unease. Read more. Read More
New IRS Guidance Clarifies Expenses Deductibility for PPP Loans
It’s the Most Wonderful Time of the Year (to Update Your Employee Handbook Policies)
Lisa Enkoff | November 19, 2020

Arizona Voters Approve Proposition 208 — Start Planning for New 3.5% Income Tax Surcharge
Craig Neumann | November 13, 2020

SBA Requiring PPP Large Borrowers to Complete Loan Necessity Form
Cybersecurity for the Internet of Things (IoT): The Future of Connected Devices
Jennifer Moreno | October 30, 2020

Wrapping up National Cybersecurity Awareness Month, REDW Senior Manager of Cybersecurity Jennifer Moreno takes a quick look at the future of connected devices and how technological innovations like the Internet of Things (IoT) impact online experiences for consumers and business professionals. Read more. Read More
HHS Amends Provider Relief Fund Reporting Requirements
Chris Tyhurst | October 28, 2020
