Category: Tax Reform
COVID-19: Unemployment and Unexpected Taxes—Plan Ahead!
As of the end of April 2020, there were 23 million Americans who are out of work and most of them are applying for unemployment. So although it’s been a slow process for most of the states to get the checks out, most states have now caught up. But I’m no expert at...
COVID-19: PPP Loan Forgiveness Updates
We recorded this show on May 5, 2020, and things are changing daily. So this is what we know as of the time of recording. Although final guidance hasn’t been issued, we’re continuing to learn a lot more about the loan forgiveness aspects of that Paycheck Protection...
COVID-19: The CARES Act and Leasehold Improvements
We recorded this show on April 28, 2020, and things are changing daily. So this is what we know as of the time of recording. One of the welcome corrections from the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the return of the 15-year depreciation...
COVID-19: The Employee Retention Credit Explained
We recorded this show on April 21, 2020, and things are changing daily. So this is what we know as of the time of recording. Over the last few weeks we’ve talked a lot about everything from the Economic Injury Disaster Loan to the Paycheck Protection Program,...