Category: Tax

Tax

Taxes for Truckers

Truck driver tax deductions may include any expenses that are ordinary and necessary to the business of being a truck driver. Taxes and deductions that may be considered “ordinary and necessary” depend upon: YouYour...

Tax

ERTC – Employee Retention Tax Credit

Businesses that have been impacted by the Covid – 19 can get up to $5,000 for 2020 and $21,000 for 2021 for each employee provided that they had 50 % reduction in business for...

PPP

Tax

Paycheck Protection Program (PPP)

US Govt. has started a Payroll Protection Program under the CARES act. Any business having up to 500 employees or less would be eligible to get funding as a loan from SBA equivalent to...