Should You Return Your PPP Loan?
You have probably read in the news about the backlash that some public companies have experienced as a result of…
Read more
IRS Updates FAQ on Employee Retention Credit
On April 29, the Internal Revenue Service (IRS) released a large expansion of their FAQ on the Employee Retention Credit…
IRS Releases Notice Regarding Tax Deductions and PPP Loan Funds
On Thursday, April 30, the IRS released Notice 2020-32. The announcement effectively disallows a tax deduction for any expenses that…
IRS Update Regarding Stimulus Payments for SSI Recipients
On Wednesday, April 15, the Internal Revenue Service (IRS) released an update regarding the delivery of economic impact payments to…
CARES Act FAQ: Mid-Sized Business Lending Program
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus…
CARES Act FAQ: Net Operating Loss & Other Tax Modifications
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus…