Is Your Sideline Activity a Business or a Hobby?
Do you have a sideline activity that you think of as a business? From this sideline activity, are you claiming tax losses on your Form...
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mrhynecpa
- Jun 13, 2020
- 1 min
EDIL loan dos and don'ts
Do you know what you can use your EIDL loan funds for? What about what you can't? Eligible expenses include: Fixed debts (rent, etc.)...
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mrhynecpa
- Apr 4, 2020
- 2 min
New Guidance on the Payroll Protection Program
I have just received guidance that came out late yesterday about how to calculate how much to borrow for the PPP. If you pay sub...
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Mary S. Rhyne, CPA
- Mar 26, 2020
- 2 min
Tax Payment Due Dates Update
As the IRS continues to give new information and clarifications, I will continue to provide you with the most recent information. Recent...
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Mary S. Rhyne, CPA
- Mar 20, 2020
- 1 min
Beware COVID-19 Scams
Please be careful because there are new scams going around related to this COVID-19 / Coronavirus situation. President Trump and Congress...
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Mary S. Rhyne, CPA
- Dec 31, 2019
- 2 min
When you need a CPA
There are five milestones when many people find they need a CPA. These milestones are Marriage, Children, Divorce, College and...
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