As we close out 2020, there are terms that were never used and now are commonplace—terms like social distancing and contact tracing. But another term that did not exist last year was PPP. Now every business owner knows what PPP is, Paycheck Protection Program. In this episode, we cover changes to PPP and another round of PPP.

2023 Mileage Rate Updates: Deducting Vehicle Expenses for Businesses and Individuals
It’s not just businesses that can deduct vehicle-related expenses on their tax returns. Individuals also may be able to deduct them in certain circumstances, if they have a business-related purpose....