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Tag: covid

Did covid-19 cause a recession in the U.S.?

Did covid-19 cause a recession in the U.S.?

Posted on November 10, 2020December 18, 2020 by MKA

In the week of March 21st, millions of American were applying for unemployment. Simultaneously, the rate of job loss in the U.S. exceeded job loss during the worst weeks of the Great Recession. This comes after the longest economic expansion on record came to a halt with the global spread of covid-19. So, has the […]

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Blog #covid #economu #pandemic #recession #taxes #unitedstates
Small Business planning tips for you!

Small Business planning tips for you!

Posted on October 13, 2020February 19, 2021 by MKA

If you own a small business, consider the following strategies to minimize your tax bill for 2020. Net Operating Losses (NOLs). The CARES Act relaxed many NOL limitations that were implemented under the Tax Cuts and Jobs Act. If your business expects a loss in 2020, you can carry back that loss to the prior […]

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Blog #covid
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