Business Tax Archives

On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (“CAA”) into law. The CAA contains both the…

According to the U.S. Bureau of Labor Statistics’ October 2020 report, there are currently 11.1 million unemployed. With the abundance…

Melisa SirakDecember 3, 2020

The SBA has previously stated that PPP Loans over $2 million, including affiliates, would be under much more scrutiny. In…

Dan FiorentinoNovember 11, 2020

Several weeks ago President Trump signed an Executive Order permitting the deferral of the employee portion of certain payroll taxes…

The US Federal Reserve at long last launched its Main Street Lending Program on Monday after making numerous changes to…

Ed WilkinJune 16, 2020

On June 5, 2020 President Trump signed the Paycheck Protection Program Flexibility Act (PPPF). This highly anticipated guidance provided businesses…

At WilkinGuttenplan, a regional CPA advisory firm, we have worked side by side with our clients for over 35 years.…

Taxpayers fortunate enough to have received proceeds from a Paycheck Protection Program loan are now faced with determining how to…

The recently passed CARES Act contained a provision allowing employers to defer the payment of the employer’s share of Social…

The Small Business Administration issued guidance on April 14th for sole proprietors and independent contractors. The guidance addresses how to…

Len NittiApril 15, 2020