Archive for July 2020
Mitch Gerstein quoted in article by Jeff Blumenthal about PPP forgiveness questions still need more answers.
PPP forgiveness questions still plague lenders, borrowers — and there’s not always answers
Continue ReadingIRS Issues FAQs on Identity Protection Personal Identification Numbers
On its website, the IRS has issued a series of FAQs concerning Identity Protection Personal Identification Number (IP PINs). Background.…
Continue ReadingMitch Gerstein quoted in article by Gene Marks about business owners that took PPP loans may face tax issues
Many businesses have suffered during this economic downturn caused by the coronavirus pandemic. You’ve read about them in the media.…
Continue ReadingProtective Refund Claim – Affordable Care Act
Earlier this year, the Supreme Court agreed to hear a case regarding the Patient Protection and Affordable Care Act (ACA).…
Continue ReadingDeadline Extended to Apply for PPP Loans
On July 4th, President Trump signed into law a temporary extension to apply for the Paycheck Protection Program (PPP). The…
Continue ReadingWhat qualifies as a “coronavirus-related distribution” from a retirement plan?
As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain…
Continue ReadingGood records are the key to tax deductions and trouble-free IRS audits
If you operate a small business, or you’re starting a new one, you probably know you need to keep records…
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