Brought to you by Write Off – the iOS app to save you business tax money! In rapid fire format today we are looking to get you or your friend as a small business owner actionable strategies in regards to: SBA Loans 2020 – Possible 6% rate, 6 months paid, 10 year term on [...]
It Is April 4, 2020 on the Accounting Play Podcast. In rapid form we are going to cover major developments in the COVID-19 epidemic and the financial aid in process from the government. We are talking about $10,000 in small business grant money, new higher unemployment benefits, the Economic Injury Disaster Loans (EIDL), Paycheck Protection [...]
What can businesses write off to save on taxes? A tax write off is something that reduces the taxable profit for a business and therefore decreases taxes due. Profit in a simple business can be thought of the money or assets available to pay the owner at a point in time shown on [...]