Tax Problem Resolution

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An SBA Funding Update And Four Scenarios Your Washington DC Business Could Be In

The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...

Passing Down Your Washington DC Family Business

There is talk right now that Congress might enact automatic forgiveness for all PPP loans under $150K. This would be a sigh of relief for Washington DC small businesses (and their accountants!) everywhere. Nothing has been passed, but it's under strong...

Solving Problems in Washington DC Businesses with Effective Solutions

There's this idea out there among many wannabe Washington DC business owners that they have to come up with the next completely fresh idea in order to have a great business. Shows like Shark Tank (which I love) go towards creating this kind of mindset -- although the...

A Guide to Paycheck Protection Program Loans for Washington DC Businesses

This is a very important message, and I'd like you to read it carefully.Here at Team AccountAbility, we have been walking closely with our Washington DC business owner clients (and many, many new business owners who have been reaching out) to cut through the noise and...

8 Important Steps for Washington DC Non-Profits Before Year-End

With the increased standard deduction this past year ($12,400 single, $24,800 married filing jointly, $18,650 head of household), some smaller charities began to see a decrease in donations.This year might be worse.Yes, I hate to be the one to say these things, but...

Customer Value Represents The True Value For A Business In Washington DC

The nation keeps roiling, and life for many of your Washington DC customers might take longer than anticipated to get back to "normal".For some, they might not actually want to get back to whatever that "normal" was before all of this. Some of this change might be...

Keeping Your Washington DC Business Focused During Distracting Times

Apparently there's some news happening around us in Washington DC these days.I often use this space to share Maryland-specific, detailed information about PPP forgiveness, tax code updates, leadership and marketing strategy, expense reduction, and more -- all...

A Few More Common Marketing Mistakes Made By Businesses

Seeing what has happened in our nation's fourth-largest city has been a sobering reminder of the fragility of life, and business. It's helpful to be reminded that threats and disasters can (and do) strike from directions that you might least expect. And while this is...

The Three Kinds of Customers For Washington DC Businesses

Bar none, the most important asset in your Washington DC business is your client and customer list. This is even true if you are in a "capital-intensive" business with significant material assets. In fact, I'd be very interested to hear someone make a strong case that...

The Advantage a C Corporation Holds for Washington DC Businesses

Now that 2018 extended returns for businesses are truly put to bed now, we can turn our gimlet eye on 2019.And one thing that might be worth discussing is your operating entity.A quick rundown on business structures is never bad, ESPECIALLY when tax laws change and...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!