The Brighter Side For Taxes
Scott A. Kunkel, CPA, Certified Tax Planner
I Help Highly Profitable Realtors, Professional Service Providers and Small Business Owners Cut their tax bill by $10,000 to over $200k and build more Tax Free Wealth with Creative Tax Strategies.
In the last few weeks, the news and response regarding the Coronavirus has escalated. While the full implications are unknown, there do appear to be some GOOD implications given the Government's response.
There will be opportunities.
We’ve seen many company’s capitalizing on opportunities from Coronavirus related contracts, and other services that help people with working remote.
There will be some losses.
However an appropriate response can massively lessen the damage and we’re there to support you every step of the way!
If you have an opportunity or risk on the horizon and want to discuss, please call or schedule an appointment below.
The Government Is Creating Opportunity
The government has signaled billions of dollars in loans (potentially interest free) for businesses that have been negatively affected by coronavirus. We will be providing consulting services helping businesses apply for these loans, decide what to spend the money on, and a plan for repayment. There may also be direct cash support, we’ll know soon.
Reduction in payroll tax for someone that is sick up to $2,000 per sick employee is about to pass the Senate. There may be further payroll tax reductions, holidays, and there have even been signals for permanently removing the payroll tax. In any case, this will require planning.
As of now, there have been no official change to the Tax Deadlines, however there may be a delay in the filing and or payment of taxes for the 2019 year.
We’ll keep you updated as we continue through this together.
To find out if you are over-paying your taxes or if you just want a SECOND OPINION:
Call our office at 817-498-1040