COVID-19 Resources

Retroactive Suspension of Tax on a Portion of 2020 Unemployment Compensation

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Jenna Sanfilippo
March 11, 2021

Articles, Business Tax, COVID-19

IRS Releases New Guidance on the Employee Retention Credit for PPP Loan Recipients

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Stephanie Holston
March 5, 2021

Articles, COVID-19, State and Local Tax

Local States Issue Guidance for Taxation of PPP Loan Forgiveness

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Len Nitti
February 22, 2021

Articles, COVID-19, Real Estate

IRS Provides Additional Relief for Qualified Opportunity Funds

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Jenna Sanfilippo
February 17, 2021

Articles, COVID-19, Real Estate, State and Local Tax, Tax Services

NJEDA Small Business Emergency Assistance Loan Program: Phase 2 Pre-Registration to Open Next Wednesday 2/10

The New Jersey Economic Development Authority (NJEDA) recently announced the second phase of its Small Business Emergency Assistance Loan Program,...

Meg Chesley
February 2, 2021

COVID-19, Real Estate

Rental Assistance Available to Renters Impacted by the Pandemic

In December 2020, the Consolidated Appropriations Act 2021, a tax, funding and spending bill containing almost $900 billion in coronavirus...

Melissa Marsicano
February 1, 2021

Articles, COVID-19, Real Estate, Tax Services

Increased Incentives and Relief for Low Income Housing Tax Credit Developers

On December 27, 2020, President Trump signed the COVID-Related Tax Relief Act of 2020. The Act provides incentives for affordable...

Kerry Duda
January 27, 2021

COVID-19, Multimedia, Pandemic Recovery

Webinar: Tax Provisions of the Consolidated Appropriations Act, 2021

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WilkinGuttenplan
January 27, 2021

Articles, COVID-19, State and Local Tax, Tax Services

New York State Addresses Personal Income Tax Conformity with CARES Act

New York State recently released Frequently Asked Questions regarding its conformity with various tax provisions under the federal Coronavirus Aid,...

Jenna Sanfilippo
January 20, 2021

Articles, COVID-19, International Commerce Group, International Tax

Latest Paycheck Protection Program (PPP2) adds Restrictions to China and Hong Kong Affiliated Businesses

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Darko Naumoski
January 12, 2021

Expansion of The Employee Retention Credit (ERC) – PPP Loan and ERC now Allowed

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Stephanie Holston
January 11, 2021

COVID-19, Multimedia

Webinar: PPP Loan Update - Changes under the Consolidated Appropriations Act

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WilkinGuttenplan
January 7, 2021

Overview of the Consolidated Appropriations Act, 2021

On December...

Stephanie Holston
January 4, 2021

COVID-19, New York Condos and Co-ops

The Paycheck Protection Program – Housing Cooperatives Now Eligible

On Sunday...

WilkinGuttenplan
December 28, 2020

The U.S. Senate and House of Representatives passed a $900 billion COVID Relief Bill

The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID Relief Bill yesterday. The Bill now goes to...

Jessica Kizmann
December 22, 2020

Articles, COVID-19, International Commerce Group, International Tax

IRS revises Form 2555 due to COVID-19

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Robert Ewanis
December 7, 2020

Articles, COVID-19, State and Local Tax, Tax Services

New York Issues Guidance on COVID-19 Telecommuting

After months...

Meg Chesley
December 1, 2020

Articles, COVID-19

IRS Issues Guidance on Deductibility of Expenses Paid with PPP Loan Proceeds

In an...

Karen Artasanchez
November 20, 2020

Articles, Business Tax, COVID-19

SBA to Require a 'Loan Necessity Form’ for PPP Loans Over $2 Million

The SBA...

Dan Fiorentino
November 11, 2020

Articles, COVID-19

Deducting PPP Expenses – Another Quandary Caused by Covid-19

As the...

Karen Artasanchez
October 30, 2020

COVID-19, Multimedia, Pandemic Recovery

Webinar: PPP Updates and Maximizing Loan Forgiveness

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WilkinGuttenplan
September 15, 2020

Articles, COVID-19, Real Estate

Real Estate Matters - Tax Ramifications of a Foreclosure

As the pandemic continues to take its toll on most businesses, within the real estate industry, many property owners are...

Sefi Silverstein
September 2, 2020

To defer or not to defer, that is the question. What exactly does the payroll tax executive order mean to employers and employees?

Several weeks...

Karen Artasanchez
September 1, 2020

COVID-19, State and Local Tax, Tax Services

NJRA Small Business Lease Emergency Assistance Grant Program Application to Open on Monday, August 10th

The New...

Meg Chesley
August 5, 2020

Articles, Community Associations, COVID-19

Unmasking Your Association’s Financial Situation

For the...

Tara Baldwin
July 22, 2020

US Treasury Department and SBA Release Updated Guidance for PPP Loans

The US...

Dan Fiorentino
June 17, 2020

Main Street Lending Program Finally Launched by Feds for Lender Registration

The US...

Ed Wilkin
June 16, 2020

Creating Cash Flow – PPP Loan Recipients Now Have More Time to Defer Payroll Tax Deposits

On June...

Karen Artasanchez
June 10, 2020

William McDevitt Quoted in Fortune: Key changes in just-passed PPP loan bill give small businesses 24 weeks to use funds

Small businesses will likely now have more flexibility to use Paycheck Protection Program loans after the Senate unanimously approved a...

WilkinGuttenplan
June 5, 2020

COVID-19, Individual Tax

Paycheck Protection Program Flexibility Act of 2020

The House...

Dan Fiorentino
June 4, 2020

COVID-19, State and Local Tax

NJEDA to Open Second Phase of $45 Million Grant Program on Tuesday

The New...

Meg Chesley
June 4, 2020

COVID-19, Multimedia, Pandemic Recovery

Webinar: Maximizing PPP Loan Forgiveness

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WilkinGuttenplan
June 3, 2020

Paycheck Protection Program Loan Forgiveness Application Solution

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

WilkinGuttenplan
June 3, 2020

5 Observations from the PPP Final Interim Rule on Loan Forgiveness

The Small...

Len Nitti
May 28, 2020

William McDevitt Quoted in INC. Magazine - How Treasury Just Tweaked PPP Loan Forgiveness

The defining characteristics of paycheck protection loans, created by the CARES Act, are also the most vexing. A paycheck protection...

WilkinGuttenplan
May 27, 2020

William McDevitt Quoted in Fortune - The new PPP loan forgiveness application is causing lots of confusion. Here’s what to know so far

Small businesses have waited—and waited. On Friday, the Small Business Administration and the Treasury finally released the PPP forgiveness application, an...

WilkinGuttenplan
May 20, 2020

COVID-19, International Commerce Group, International Tax

The SBA Issues Guidance for Multinational PPP Applicants

The U.S....

Vinay Navani
May 19, 2020

COVID-19, Pandemic Recovery

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

On Friday...

Dan Fiorentino
May 18, 2020

William McDevitt quoted in Inc. Magazine - The Result of PPP Confusion: Billions of Dollars Remain Untapped

The first round of money authorized for paycheck protection loans - some $349 billion - lasted 13 days. The second round...

WilkinGuttenplan
May 15, 2020

COVID-19, Individual Tax

The SBA Issues Guidance to Allow for Additional Disbursements for Certain PPP Loans

The SBA...

Len Nitti
May 14, 2020

SBA Issues New Guidance on When a PPP Loan is “Necessary”

With the...

Len Nitti
May 13, 2020

COVID-19, Real Estate, Tax Talks Blog

The CARES Act – Correcting Qualified Improvement Property

The Tax...

Melisa Sirak
May 12, 2020

William McDevitt quoted in Inc. Magazine - Counting on Loan Forgiveness? What You Need to Know

Back in mid-April, the most confusing part of the Paycheck Protection Program was navigating the process of getting a loan. Now business owners are...

WilkinGuttenplan
May 7, 2020

The CARES Act - Creating Cash Flow Opportunities for Businesses through Tax Planning

While the...

Karen Artasanchez
May 7, 2020

Webinar: Recent US Coronavirus Tax Relief: Considerations for Foreign-Owned US Corporations

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WilkinGuttenplan
May 5, 2020