by Jay Javier | Dec 23, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
GREAT NEWS! As part of the federal stimulus act that was passed in Congress last night, eligible business expenses paid with forgiven PPP loans are tax-deductible. As we previously discussed, the Treasury guidance had indicated the opposite. This latest legislation...
by Jay Javier | Dec 10, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
By Janell Wilson, CPA – Partner December 10, 2020 On December 9, 2020, legislators released a Framework Summary of the Bipartisan COVID Relief Act of 2020. The framework calls for an additional $300 billion to be released to the Small Business Administration,...
by Jay Javier | Dec 3, 2020 | Silver Advantage Alerts, Waterloo
With the countless challenges we have faced this year, it is understandable that tax planning may not have been top of mind for many of us. The good news is there is still time to consider tax-saving opportunities and develop a plan to reduce your tax and financial...