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Gerstein quoted in PBJ about why you should wait before filing for PPP loan forgiveness.

October 14, 2020

PPP loan forgiveness: 3 reasons local experts say you should wait before filing   By Jeff Blumenthal Reporter, Philadelphia Business Journal…

Update: SBA & Treasury Announce Simpler PPP Loan Forgiveness for Loans of $50,000 or Less

October 12, 2020

The updates keep coming!  The Small Business Administration (SBA) in consultation with the Treasury Department released a simpler loan forgiveness…

Update: Ownership Change Obligations for PPP Loans

October 7, 2020

The Small Business Administration (SBA) has issued a new notice relating to the Paycheck Protection Program (PPP) loans and change…

Scholarships: Tax Free or Taxable?

October 4, 2020

COVID-19 is changing the landscape for many schools this fall. But many children and young adults are going back, even…

Business Vehicle Purchases: What is deductible for 2020?

October 4, 2020

Purchases of new and used business vehicles may qualify for tax breaks under current tax law. If you need a…

What you need and resources for your PPP Loan Forgiveness Application

September 16, 2020

We are heading into the last quarter of 2020, which should come as some relief for everyone.  This whirlwind of…

PPP Loans hide a hidden kicker: A Big Tax Bill

September 16, 2020

PPP Loans hide a hidden kicker: A Big Tax Bill – September 16, 2020 Mitch Gerstein is quoted in the…

Dave Reichman Promoted to Manager at Isdaner & Company

September 16, 2020

Scott Isdaner, managing member of Isdaner & Company announced that Dave Reichman has been promoted to manager. Dave joined Isdaner…

COVID-19 Crisis May Affect Tax Angles for Rental Property Losses

September 2, 2020

Economic fallout from the COVID-19 crisis will cause many rental real estate properties to run up tax losses in 2020…

IRS Issues Payroll Tax Deferral Guidance

September 2, 2020

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an…

Family Business Tax-Saving Moves In The Covid-19 Era

September 2, 2020

Many family businesses have been adversely affected by the novel coronavirus (COVID-19) pandemic. But there’s a silver lining: Proactive tax…

Top Workplaces Rankings 2020 – Isdaner & Company Ranks #9 on List of 60 Companies

August 31, 2020

The Philadelphia Inquirer published the list of 2020 Top Workplaces with the rankings of each company on the lists in…

FEMA AID: No word on when PA, NJ residents to get stopgap funds

August 27, 2020

Mitch Gerstein quoted in Philadelphia Inquirer reporter Erin Arvedlund’s article FEMA AID: No word on when PA, NJ residents to…

New PPP Loan Forgiveness Guidance Released: Owner-Employee Compensation & Rent-Related Costs

August 26, 2020

On Monday, the Small Business Administration (SBA) and Treasury issued an interim rule relating to Paycheck Protection Program (PPP) forgiveness…

Backlogged IRS results in long delays for taxpayers

August 18, 2020

Due to the pandemic, the IRS is experiencing staff shortages and other issues. As a result, there have been delays…

Hobby or Business? How to Treat COVID-19 Sideline Activities for Taxes

August 3, 2020

Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs.…

Take Advantage of “Stepped Up Basis” When You Inherit Property

August 3, 2020

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for…

Mitch Gerstein quoted in article by Jeff Blumenthal about PPP forgiveness questions still need more answers.

July 28, 2020

PPP forgiveness questions still plague lenders, borrowers — and there’s not always answers

IRS Issues FAQs on Identity Protection Personal Identification Numbers

July 28, 2020

On its website, the IRS has issued a series of FAQs concerning Identity Protection Personal Identification Number (IP PINs). Background.…

Mitch Gerstein quoted in article by Gene Marks about business owners that took PPP loans may face tax issues

July 24, 2020

Many businesses have suffered during this economic downturn caused by the coronavirus pandemic. You’ve read about them in the media.…