California Passes AB 80 Clarifying Taxability of PPP Loans By: D. Keith Dunnagan, Esq. May 11, 2021 As we all recall early in the COVID pandemic the CARES Act was passed creating PPP loans for struggling small businesses. Many small businesses jumped at the opportunity to take these forgivable loans to help them weather the […]
IRS Releases New PPP Guidance on Deductibility of Covered Business Expenses By: D. Keith Dunnagan, Esq. December, 2020 We remember those days just a few months back when the weekly unemployment numbers showed millions of new filings each week. Businesses were shuttered and revenues were coming to a screeching halt. The government put money into […]
Today, we take time to address pending legislation related to Covid-19 pandemic that will likely carry significant impacts for all businesses but in particular, small business. The Congress, at least in the House, has passed the Families First Coronavirus Response Act aimed at providing relief for employees impacted by the coronavirus, while it the legislation […]
April 17, 2018 | Category:
TaxesToday we recognize that it is tax day here in America so we take a look at the history of income taxes in America. I hope you enjoy looking at how the legal landscape of income taxes has changed over the years. As always, if you have any questions about your real estate, business, estate […]
