John J. Heck & Associates

Congress has authorized a second PPP loan draw but has generally limited the applicability to small businesses with 300 employees or fewer that suffered a 25% or more reduction in gross revenue during any quarter in 2020.

Learn about taxes from your friends at King Of Prussia based JOHN J HECK & ASSOCIATES.

Great news for 2021 and 2022 only. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 allows businesses to deduct 100%, instead of just 50%, of business meal expenses meeting certain requirements.

Get inspired. Some Wednesday Wisdom from King Of Prussia based JOHN J HECK & ASSOCIATES

The recent COVID-related tax relief legislation, passed late in December, extends and enhances deductions for cash charitable contributions.

Are you planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Let's take a look at some tax advantages and drawbacks of homeownership.

Get ready for the week: JOHN J HECK & ASSOCIATES has motivation for your Monday.

Some Wednesday Wisdom from your friends at King Of Prussia based JOHN J HECK & ASSOCIATES

COVID-19 has touched nearly every aspect of the lives of every American, including our financial health. There will be some tax implications that many people have not considered. Watch the following video for some possible tax consequences so you can be prepared when tax time comes.

The Internal Revenue Service recently issued the 2021 optional standard cents-per-mile rates for business, medical and moving purposes. However, you may find it in your best interest to keep track of actual expenses for 2021.