2020 Tax Filings – Get Ahead Before You Get Behind

2020 Tax Filings – Get Ahead Before You Get Behind

by Shannon Carlson It is December again. Time for all of the wonderful things the end of the calendar year brings: holiday joys, sharing cards and gifts with friends and family, decadent treats and tax planning. Wait, what? Did she say tax planning? Yes. Yes, I did. I...
Spiraling Up

Spiraling Up

by Ed Schenkein CPAs can assist clients in finding fulfillment in their lives and business. No, that is not a typo or misnomer. Taking a cue from my friend Leslie Jones, Founder of the Spiral MethodTM, to grow, achieve, and acknowledge ourselves is an uplift or...
Non-Deductibility of PPP Loan Expenses

Non-Deductibility of PPP Loan Expenses

Yesterday, the IRS released two revenue rulings that provide clarification on the non-deductibility of certain expenses paid with forgivable PPP loans. This guidance is in accordance with previous guidance released six months ago. Background Pursuant to the CARES Act,...