fbpx
  • (317) 846-1005
  • Mon - Fri: 9:00 - 5:00

Sherry S. Borshoff, EA

Paycheck Protection Program

Paycheck Protection Program – COVID-19 Small Business Loan

What is the Paycheck Protection Program The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. It is intended to help businesses keep their workforce employed through the COVID-19 crisis. If all employees are kept on the payroll for at least 8 …

Paycheck Protection Program – COVID-19 Small Business Loan Read More »

Being Married and Filing Taxes Which Filing Status is Best

Being Married and Filing Taxes: Which Filing Status is Best?

If you are still married on December 31, 2019, you may file MFJ (married filing jointly) or MFS (married filing separately). It’s best to calculate your taxes both ways to determine which way yields the best tax advantage; it may make sense to you to file separate tax returns, but it’s usually not advisable due …

Being Married and Filing Taxes: Which Filing Status is Best? Read More »

2020 Complete Survival Guide for Working from Home

2020 Complete Survival Guide for Working from Home

Millions of Americans have lost their job due to the coronavirus pandemic. Many workers have been able to continue working but have resorted to working from home. The concept of doing remote work was once quite coveted. However, the challenges that come with it are now being realized.  How to Set Up Your Home Office …

2020 Complete Survival Guide for Working from Home Read More »

Home Office Business Deduction Can You Take It

Home Office Business Deduction, Can You Take It?

With the virtual world being bigger than ever before, there are more and more taxpayers who work out of their homes. Many of these people own small businesses or are freelancers and may even qualify for the home office deduction.  Often the words “home office deduction” make taxpayers fear it as an audit trigger. However, …

Home Office Business Deduction, Can You Take It? Read More »

7 Things the IRS Doesn't Want You To Know cover

7 THINGS THE IRS DOESN'T WANT YOU TO KNOW

Download our guide to ensure you know everything you need to and are prepared to deal with the IRS.