Business Consulting

Insights
CJBS
Dear Clients & Friends, Covid-19 and the associated stay-at-home orders have been devastating for many businesses and individuals. Through it all, we have been your trusted resource, keeping you updated on federal aid programs that have been made available to help many businesses survive and recover. The most notable of these is the Paycheck Protection Program (PPP). What […]
December 4, 2020
2 MIN READ
Insights
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
Insights
CJBS
Dear Clients and Friends, We have been asked a lot of questions lately about all the uncertainty pertaining to your Paycheck Protection Program (PPP) loan, and as ever we are here to help you try to make sense of it all.  The PPP has funded over 5.2 million loans amounting to a total of $525 […]
September 30, 2020
3 MIN READ
News
CJBS
Dear Clients & Friends, In our last article, we promised to update readers as soon as we could in order to clarify certain ambiguities in the Paycheck Protection Program Flexibility Act (PPPFA). We were especially concerned about an apparent ‘cliff edge’ that would result in no loan forgiveness at all, if borrowers spend less than […]
July 7, 2020
3 MIN READ
Employee Spotlight
Over the course of the last week, Phase 1 of the stay-at-home order has been lifted here in Illinois, which means CJBS is joining thousands of other businesses around the country in reopening our facility. Like everyone else, we are approaching this reopening with caution and consideration to ensure we are as safe and responsible […]
June 12, 2020
3 MIN READ