- How to Protect Yourself Against Coronavirus-Related Fraud
- There are bad actors seeking to take advantage of taxpayers and business owners. Here are some common types of fraudulent activities occurring during the COVID-19 crisis.
- VIDEO: How to Make your PPP Loan Forgivable
- How to make your PPP Loan forgivable.
- Charity Volunteer Tax Breaks
- If you volunteered your time for a charity or governmental entity during the COVID-19 pandemic, you probably qualify for some tax breaks. These rules actually apply to all charity volunteers not just COVID-19 volunteers. Although no tax deduction is allowed for the value of services performed for a qualified charity or federal, state or local governmental agency, some deductions are permitted for out-of-pocket costs incurred while performing the services. The following are some examples:
- VIDEO: Shortchanging the IRS Can Lead to an Unpleasant Surprise
- The consequence of cheating on your tax return can be much bigger than you thought. Learn about actions considered as cheating through this video.
- How to Create Product Records in QuickBooks Online
- Whether your company sells product or services, QuickBooks Online can help you track them.