Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants
Business Valuator, Forensic/Litigation Support Accountant, and Accountant Consultants

Dimitri Yimga

Dimitri Yimga

Blog by Dimitri Yimga

If youre selling your home, dont forget about taxes
Despite a slowdown in real estate sales this spring, many people are still selling their principal residences You may be able to exclude up to $250,000 ($500,000 for married joint filers) of gain. Here are the tax rules for home sales.
22.06.20 10:53 AM - Comment(s)
Is it time to outsource finance and accounting?
Outsourcing has been a hot topic for businesses during the COVID-19 crisis. Here’s what you should know before applying this cost-cutting strategy to your finance and accounting department.
17.06.20 11:18 AM - Comment(s)
Fortunate enough to get a PPP loan? Forgiven expenses arent deductible
If you get a PPP loan and use the proceeds on certain expenses, the loan amount will be forgiven. Can you then deduct the expenses on your tax return? The IRS answers that question in new guidance.
12.06.20 03:49 PM - Comment(s)
PPP Flexibility Act eases rules for borrowers coping with COVID-19
Has your business applied for a PPP loan or already acquired funds from this program? If so, the recently passed PPP Flexibility Act has made important changes to the rules.
11.06.20 11:57 AM - Comment(s)
Overcoming the challenges of remote auditing during the COVID-19 crisis
Audit “fieldwork” has taken on a new meaning during the COVID-19 crisis. Here’s how you can facilitate the transition to remote auditing and help ensure timely, transparent financial reporting.
08.06.20 11:07 AM - Comment(s)
Student loan interest: Can you deduct it on your tax return?
The CARES Act has provided some help for people with student loans. And if you do make some payments this year, you may be able to deduct the interest on your tax return. Here are the rules.
26.05.20 11:45 AM - Comment(s)
Did you get an Economic Impact Payment that was less than you expected?
Have you received an Economic Impact Payment only to find out it’s less than what you were expecting? Here are some of the reasons why.
19.05.20 10:35 AM - Comment(s)
The CARES Act liberalizes net operating losses
The CARES Act includes favorable changes to the rules for deducting net operating losses (NOLs). Here’s how.
12.05.20 11:17 AM - Comment(s)
Seniors face a double threat with COVID-19
Fraud perpetrators are using COVID-19 as an excuse to con personal and financial information out of vulnerable seniors. In addition to safeguarding their health, the elderly must protect their money.
29.04.20 12:49 PM - Comment(s)
Answers to questions you may have about Economic Impact Payments
As the Economic Impact Payments (EIPs) continue to go out, the IRS has released information about why you might not have gotten a payment. There’s also a new tool to check the status of your EIP.
27.04.20 11:45 AM - Comment(s)