Business Advisory

60 posts

Tax Issues Pertaining to COVID-19

Tax Issues Pertaining to COVID-19

On April 30th, the IRS issued Notice 2020-32 pertaining to the deductibility of certain otherwise deductible expenses when the taxpayer receives a Paycheck Protection Program (PPP) loan.

PPP Loans: Further Guidance and AICPA Recommendations

PPP Loans: Further Guidance and AICPA Recommendations

The SBA’s Paycheck Protection Program (PPP) continues to receive a lot of press coverage as additional organizations apply for the second batch of PPP loans and those who have obtained funding struggle to determine how to calculate the forgiveness portion.