Second Draw PPP Loan Essentials
The Consolidated Appropriations Act, 2021 (CAA) was passed on December 27, 2020, and there has been anticipation surrounding changes to the Paycheck Protection Program (PPP).
PPP Loan Guidance Issued for First-Time Borrowers
By Klatzkin Tax Team
The Consolidated Appropriation Act, 2021 (CAA) made several changes to the Paycheck Protection Program (PPP) to streamline forgiveness and make loans available for certain businesses.
Individual Provisions of the COVID-19 Relief Bill
The long-awaited second round of COVID-19 relief has finally come to fruition. Earlier this week, President Trump signed the Consolidated Appropriations Act, 2021 (the Act) into law, providing needed relief for individual, non-profits organizations, and businesses.
COVID-19 Relief Bill Expands Business Tax Savings
By Klatzkin Tax Team
On December 27, 2020, President Trump delivered a late holiday gift to Princeton, Trenton, and other New Jersey-area businesses when he signed the COVID-19 relief bill into law.
Final 1031 Regulations Provide Much Needed Guidance
By Klatzkin Tax Team
The impact of the COVID-19 pandemic continues to reverberate across the nation. Many businesses have been forced to make changes to operations, product/service offerings, vendors, financing, and capital investments.
IRS Announces Changes to Form 1099
On November 18, 2020, the IRS announced new requirements in the way businesses would report non-employee compensation.
The Twelve Days of Taxmas – Beneficiary Review
On the 12th day of Taxmas, my accountant gave to me an annual reminder to review beneficiary designations for retirement accounts, annuities, and life insurance contracts.
The Twelve Days of Taxmas – General Tax Planning
By ISHAAN ANAND
On the 11th Day of Taxmas, my accountant gave to me some general tax planning tips.
The Twelve Days of Taxmas – Business Structure Review
On the 10th Day of Taxmas, my accountant gave to me a review of my company structure.
More COVID-19 Relief for New Jersey and Pennsylvania Businesses
By Klatzkin Tax Team
Earlier today, Congress approved The Emergency Coronavirus Relief Act, which provides $900B in long-awaited economic stimulus and relief to both businesses and individuals.