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Paycheck Protection Program (PPP) – Round 2

PPP Loans – Round 2 The Relief Act provides for a new round of PPP loans (or PPP-2), containing provisions targeted to help smaller businesses with a second round [...]


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IRS Form 1099-NEC and Form 1099-MISC?

What is the difference between IRS Form 1099-NEC and Form 1099-MISC? The new Form 1099-NEC—which is actually an old form that hasn’t been in use since 1982—is used to [...]


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FBR | Income Tax Filing | NTN Registration | Tax Services

SM-TAX: Now Dealing In Pakistan Too! SM-TAX is your ultimate solution for hassle-free income tax filing, NTN registration, and a wide range of tax services. With our expert team [...]


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Paycheck Protection Program

The conditions of the Paycheck Protection Program Let’s first review the terms of the PPP. The loan amount is based on your average monthly payroll cost for 2019. You can [...]


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Latest News:

 The IRS has created a ‘Get My Payment Tool’. Many taxpayers are struggling to locate themselves using the system. We outline how to navigate the IRS Get My [...]


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Eight Facts on Late Filing and Late Payment Penalties

IRS Tax Tip 2013-58, April 18, 2013 April 15 is the annual deadline for most people to file their federal income tax return and pay any taxes they owe. [...]


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