CARES Act

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The $2 trillion dollar stimulus is aimed at providing much-needed relief to the American people and businesses in response to the economic crisis as...

Husband-Wife Partnerships: The Tax Angles

Husbands and wives often participate together in business ventures. “What are the tax implications of unincorporated husband-wife business activity?” you ask. Good question.  Partnership Tax Status is Unfavorable for Husband-Wife Business when both members of a...