Dec 28, 20202 minTax Changes under Biden on the Horizon? A few things to consider as the calendar turns to 2021If new tax law is passed, it is a real possibility that these changes could be made retroactive to January 1, 2021.
Dec 22, 20202 minPPP Loan Expense DeductibilityOn Monday December 21, 2020, the House of Representatives and Senate approved the COVID-Related Tax Relief Act of 2020 (COVIDTRA). This act
Nov 20, 20203 minPPP Loan Forgiveness Taxability Update from the IRSOn November 18th, the IRS issued much-awaited guidance clarifying their position regarding the taxability of Payroll Protection Program...