UPDATE REGARDING THE PAYCHECK PROTECTION PROGRAM ROUND 2 (PPP2) (DECEMBER 26, 2020)

December 26, 2020 Congress finally passed the new Covid-19 relief bill earlier this week.  Although the President has not signed it, the Payroll Protection Program (“PPP”) provisions of the bill are not expected to change.   It includes a new round of Payroll loans (PPP), or PPP2 as it’s being called.  PPP2 contains many similarities to the …

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YEAR END TAX PLANNING UPDATE (November 30, 2020)

November 30, 2020 A Year-End Update I hope you had a wonderful Thanksgiving holiday!  For me, it took on a special meaning this year to truly reflect on all things to be grateful for.  There’s no doubt that 2020 has been a tumultuous year for many of us wrought with personal challenges, business disruptions and financial …

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