Latest IRS Guidance on Non-Deductibility of PPP-Related Expenses

by Jay Javier | Nov 30, 2020 | COVID-19 Resource Center, Hsiao, Silver Advantage Alerts, Tax Planning and Consulting

By John Hsiao, CPA – Partner November 30, 2020 On Novemhhttps://michaelsilver.com/john-hsiao/ttps://michaelsilver.com/john-hsiao/ber 18, 2020, the Internal Revenue Service doubled down on its position that businesses receiving PPP loan forgiveness cannot deduct the...

2020 Year-End Planning Checklist for Dealers

by Jay Javier | Nov 28, 2020 | Silver Advantage Alerts

As another tax year comes to a close, it is time to consider your tax planning opportunities and year-end tasks.

When Should You Submit Your PPP Loan Forgiveness Application, Earlier or Later?

by Jay Javier | Nov 16, 2020 | COVID-19 Resource Center, Silver Advantage Alerts

By Joshua Prince, CPA, MST – Manager November 16, 2020 The Paycheck Protection Program (PPP), a program that provided small-sized businesses with funds to pay up to 24 weeks of payroll and other nonpayroll business costs, officially closed to new loan...

When Should You Submit Your PPP Loan Forgiveness Application, Earlier or Later?

by Kline | Nov 16, 2020 | Silver Advantage Alerts

By Joshua Prince, CPA, MST – Manager November 16, 2020 The Paycheck Protection Program (PPP), a program that provided small-sized businesses with funds to pay up to 24 weeks of payroll and other nonpayroll business costs, officially closed to new loan...

After 37 Years in Skokie, MichaelSilver Moves Headquarters to Deerfield

by Jay Javier | Nov 9, 2020 | NEWS & INFORMATION

Deerfield, IL – November 9, 2020 – MichaelSilver, an accounting, assurance, tax, and consulting firm, announces the move of its headquarters to 9 Parkway North, Suite 300, Deerfield, Illinois. The new office space is approximately 20,000 square feet, which makes...