127: 2020 Tax Talk with Mike Jesowshek

127: 2020 Tax Talk with Mike Jesowshek

Summary:
This year has had a lot of things to distract us and keep us busy. However, tax time is right around the corner and there are many things we should be doing before the end of the year. Mike Jesowshek, owner of JETRO and Associates, discusses the three things every business should be doing right now and how EIDL and PPP loans impact our taxes.

Topics on this episode:

  • Tax savings moves to make right now
  • Things to consider if you started your business this year
  • CARES Act and Taxes
  • State of EIDL and PPP
  • Paperwork for tax season

Main take away? Right now is the best time to move after-tax dollars to pre-tax dollars and save on what you owe.

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Full show notes and transcript

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