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The Growing Regulation of Cryptocurrency
Public interest in cryptocurrency has surged in the last decade. According to recent statistics, the number of people using cryptocurrency grew by more than 66 million between [...]
Paycheck Protection Program – IRS Revenue Ruling 2020-27; Update – IRS Guidance on Qualified Expense Deductions
The Internal Revenue Service (the “IRS”) set forth its position on the treatment of expenses incurred, and paid for, with the use of the proceeds from the [...]
Paycheck Protection Program – IRS Notice 2020-32 – Year End Tax Planning Considerations
The Internal Revenue Service (the “IRS”) set forth its position on the treatment of expenses incurred, and paid for, with the use of the proceeds from the [...]
Paycheck Protection Program Loan Forgiveness Bulletin
PPP Loan Forgiveness1 The United States Small Business Administration (the “SBA”) administers the Paycheck Protection Program (“PPP”). To date, over $500 billion has been loaned to borrowers [...]