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Did your company get a PPP loan – Be careful!
Dec 9, 2020 @ 6:00 pm - 10:00 pm
Many Many Many small business owners have got to figure out what to do with the government loans received during the Covid shutdown.
Do they pay them back, do they have the money to pay them back? Will the government shut them down?
Guest, Dan Pilla of TaxHelpOnline.com explains the single most common mistake that small businesses make.
The tax code is SO huge, that most agents couldn’t possibly know all the law. Plus, they don’t go by the “law”, they go by the tax manual.
The decisions of tax auditors are NEVER final. You always have the write to appeal. The appeals office is tasked with trying to negotiate a settlement. Still not final. After that, you can take it to tax court and have it heard. The higher up the ladder you go in the IRS, the better chance you have of an accurate and fair assessment.
His newest book .. Dan Pilla’s Small Business Tax Guide.
AND as always, we’ll be covering current events, including those weird news items that you may not have heard or read in the mainstream media accounts. Be sure to tune in!