Tax News - Culver CPA Group - Grand Rapids Accounting Firm
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Tax News / Blog

Subchapter V: A silver lining for small businesses mulling bankruptcy Many small businesses continue to struggle in the wake of the coronavirus (COVID-19) pandemic. Some have already closed their doors and are liquidating assets. Others, however, may have a relatively less onerous option: bankruptcy. Although bankruptcy...

Do you have tax questions related to COVID-19? Here are some answers The coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I’m working from home. Can I deduct any of the...

Adjust your expectations of business interruption coverage A natural place to turn when disaster strikes is insurance. The very reason you pay premiums and deal with the paperwork is to have these risk management policies in place when necessary. But, when it comes to business...