If you're a small business owner, you may have heard about the Employee Retention Credit (ERC), but you may need clarification on what it is, who is eligible, and how to calculate it. Here is more information:
If you're a landlord, it's important to understand Schedule E income. It's a form that you need to fill out to report your rental income or loss, royalties, and other types of income or loss related to partnerships, S corporations, estates, trusts, and real estate mortgage investments.