The Payroll Protection Program (PPP) rules—they keep a-changin’.  During the past month, the Small Business Administration (SBA) issued a new… Read more PPP Update: Two New Rules for Owners of S and C Corporations

If you report your business income and expenses on Schedule C of your Form 1040, your PPP loan forgiveness is… Read more Five Answers to Spending the PPP Money on You and Your Employees

If you operate your business as a partnership or an S or C corporation, you face entity-specific Payroll Protection Program… Read more PPP Loan Forgiveness for Partnerships and S and C Corporations

When you are self-employed with no employees, the payroll protection program (PPP) program is a COVID-19 gift designed to help… Read more Nine Insights into PPP Loan Forgiveness for the Self-Employed

For many years, thanks to the net operating loss (NOL) provisions, the tax code gave you quick cash in your… Read more Covid-19 Cares Act Creates Five-Year NOL Carryback

The COVID-19 pandemic has upended all aspects of life around the world, including the world of business here in the… Read more New SBA Loans for Small Businesses

Congress just passed the CARES Act in response to the COVID-19 pandemic.   In it, there are a lot of… Read more More on the CARES Act

I wanted to provide a top-level summary of the highlights of the CARE Act (Stimulus Package) that I believe will… Read more CARES Act – AKA Stimulus Package

If you or a well-off relative are facing the gift and estate tax, here’s a planning opportunity often overlooked: pay… Read more Use the Educational and Medical Strategy to Avoid the Gift Tax

As you likely know, the Tax Cuts and Jobs Act increased bonus depreciation to 100 percent. Unlike most tax provisions… Read more Electing out of Bonus Depreciation