Yearly Archives: 2020


APP: 060 SBA Emergency Loans, COVID-19, EIDL 10,000, PPP 2.5X, Unemployment, 2 Trillion Stimulus, 0 Percent Interest

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 [...]

By |2022-07-05T05:29:54+00:00April 5th, 2020|Podcast|0 Comments

APP: 059 Write Off Business Expenses, Ordinary & Necessary, Non-deductibles, and the Home Office

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 [...]