cares act

May 27, 2020

For Now, the IRS Is Denying Tax Deductions for PPP Expenses

As stay-at-home orders were put in place across the country to slow the spread of this contagious disease, many industries have been forced to curtail their […]
May 10, 2020
Coronavirus Aid, Relief, and Economic Security CARES Act on the desk.

How the Cares Act Affects Required Minimum Distribution (RMD) for IRAS in 2020

The highly contagious COVID-19 pandemic has spread around the world like wildfire, bringing with it massive interruptions to all aspects of society. Retired individuals may be […]
April 27, 2020

CARES Act Tax Provisions Series: Excess Business Losses

COVID-19 has thrown a wrench into many business owners’ plans and strategies for their organizations. Recognizing that the Coronavirus pandemic and the economic fallout that will […]
April 26, 2020

CARES Act Tax Provisions Series: Interest Expense Deductibility

The COVID-19 pandemic has business as we know it turned on its head. With many customers unable to visit physical storefront locations and many employers being […]
April 25, 2020
Does the government regulate tax advisors?

CARES Act Tax Provisions Series: Net Operating Losses

The COVID-19 epidemic has upended life for not only individuals but for businesses, too. From redefining what we considered “essential” to learning to cope with temporary […]