Section 199a of The Tax Cuts & Jobs Act of 2017 (TCJA) established the Qualified Business Income Deduction (QBID or 199a deduction), a 20% deduction
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) into law. “This legislation is about giving the backbone of
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) into law. “This legislation is about giving the backbone of
On Saturday, March 6th, The American Rescue Plan Act of 2021 (ARP) made it through a Senate vote (50–49) and was sent back to the
Since the Paycheck Protection Program (PPP) reopened in December 2020, nearly $135 billion of the $284 billion of allocated funding has been lent to small
