Surviving a Crisis and Planning for What’s Ahead
Since the pandemic began, many businesses have experienced temporary shutdowns, supply chain issues, reduced cash flow and a chaotic Paycheck Protection Program (PPP) loan process – just to name a few of the challenges. To survive uncertain times like these, and plan for a brighter future, follow this blueprint.
The Potential for Post-Election Tax Reform
The outcome of Tuesday’s election could have major tax consequences, especially if one party manages to win control of both houses of Congress and the White House.
While the corporate tax changes in the Tax Cuts and Jobs Act of 2017 were permanent, most of the individual tax provisions of that law are temporary and will expire by 2025. Both candidates have put forward proposals for various tax reforms leading up to the election.