What one record receives special attention? What one record can create a nightmare for you? What one record makes the IRS suspect that you are the keeper of lousy records? Think of the record people most hate keeping. That’s the one we are talking about. You have probably guessed what that record might be.
Avoid Trouble: Don't Let the IRS Set Your S Corporation Salary
The PPP May Be Over, But You Can Still Get $150,000 from the SBA
The hugely popular federal Payroll Protection Program (PPP) loan program that paid forgivable loans to millions of businesses ended on August 8 (although it could come back in revised form). But you can still obtain a low-interest Emergency Income Disaster Loan (EIDL) of up to $150,000 from the Small Business Administration (SBA).