Updated July 11, 2020 The Paycheck Protection Program is a great safe benefit to employers but there have been huge conflicts on eligibility for PPP loans for farmers using labor contractors. In fact, many, if not most, have labor contractors instead of traditional employees. Immediately after the CARES Act passed, there was a lot of…
I recently wrote a post on the benefits that IC-DISC provide to companies who export. In this supplement, I will explain the actual steps involved and the additional incentive that may allow you to defer 100% of the tax. These are the details you will need to know if you plan on taking advantage of…
If you export a significant portion of goods overseas, you may be eligible for a significant tax incentive which Forbes has said: “sounds too good to be true.” In this post, I’ve outlined a few IC-DISC basics so you can determine whether it’s a strategy that might benefit you. Its purpose is to incentivize small…