After the Federal government finally resolved the issue of the tax-deductibility of expenses paid using the proceeds of a forgiven…
Len NittiFebruary 22, 2021
The SBA issued guidance on April 14th regarding how a partner’s compensation should be calculated for PPP loans. Prior to…
Len NittiMay 14, 2020
With the issuance of Frequently Asked Questions 31 and 37 a couple of weeks ago by the Small Business Administration…
Len NittiMay 13, 2020
The CARES Act created a new forgivable loan program called the Paycheck Protection Program (PPP) to provide businesses with funding…
Len NittiMay 4, 2020
Amidst negative publicity from the media regarding publicly traded and other large companies receiving Paycheck Protection Program loans (PPP) and…
Len NittiApril 27, 2020
The Small Business Administration issued guidance on April 14th for sole proprietors and independent contractors. The guidance addresses how to…
Len NittiApril 15, 2020
The Small Business Administration issued additional guidance on April 14th, titled Interim Final Rule – Additional Eligibility Criteria and Requirements…
Len NittiApril 15, 2020
The State Senate and Assembly have both passed a new tax relief bill today to finally grant New Jersey taxpayers…
Len NittiApril 13, 2020
Last week the IRS issued Notice 2020-18. Included in the relief provided by the Notice is an extension of time…
Len NittiApril 13, 2020
