Exciting times for business owners. Wow. New PPP loans will be available soon and we are still figuring out how to get forgiven for the prior PPP monies! And now Business Meals are 100% deductible. What next?!?
If ever there was a time for you to reach out to your financial team, this is it. Find out how these new rules will affect you and your business. There may very well be opportunities to reduce your 2020 tax burden, keep more of your hard earned cash and re-invest in growing your business in 2021.
As an optimist, I see the silver lining here. I know the stimulus numbers are not what many people need or hoped for but take your tax savings and give give give to those in need. Make your business profitable and then share the profits.
Reach out to us and let us help you understand these new rules and find opportunities.