Firm News
CJBS
In previous articles, we’ve emphasized the Internal Revenue Service’s (IRS) position when it comes to borrowers as they cannot “have their PPP cake and eat it too.” In practical terms, that means if you are expecting a loan to be forgiven, you cannot treat the expenses covered by that loan as tax deductible. This principle […]
November 25, 2020
2 MIN READ
Firm News
CJBS
Dear Clients and Friends, This holiday season, you may feel inspired to give differently. With public health crises throughout the United States on the rise, non -profit organizations are at the forefront in providing relief and assistance. In an effort to encourage charitable giving in 2020 to such organizations, Congress has included two provisions in […]
November 19, 2020
2 MIN READ