by Jay Javier | Aug 12, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
By Gina Brymer, CPA – Senior Manager and Laurie Kaplan, CPA – Partner August 12, 2020 On August 4, 2020, the Small Business Administration (SBA) in consultation with the Treasury Department released a ten-page Frequently Asked Questions (FAQ) document on...
by Jay Javier | Aug 5, 2020 | Silver Advantage Alerts
By Pauline Perrone, CPA – Senior Manager and Mark D. DeVience, CPA – Partner August 5, 2020 With little publicity, Illinois revised its unclaimed property laws. Although all profit and not-for-profit business entities that conduct business in Illinois have...
by Jay Javier | Jul 8, 2020 | Silver Advantage Alerts
By Harry A. Steindler, CPA – Partner This past weekend, the SBA released the form and instructions for applying for loan forgiveness for companies that have received (or will receive) a PPP Loan. The instructions are relatively easy to follow and help to resolve...
by Jay Javier | Jun 26, 2020 | COVID-19 Resource Center, Silver Advantage Alerts
June 26, 2020 On June 23, 2020, the Internal Revenue Service released Notice 2020-51 that provides relief to taxpayers who had already taken their required minimum distributions (RMD) prior to the CARES Act that suspended the requirement for 2020. The CARES Act waived...
by Jay Javier | Jun 23, 2020 | Silver Advantage Alerts
By Judy Mason, CPA, CVA – Partner June 23, 2020 We hope that you and your loved ones are safe as you continue to manage with the current COVID-19 crisis. We know this has impacted both your business and personal lives. This most recent tax season was...