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A Closer Look at Installment Sales

For federal income tax purposes, an installment sale is when at least one payment of proceeds from an eligible sale is deferred until after the READ MORE

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2020 US Taxes: Implications for Visitors to the US in the year of Covid-19

By: Christopher Galakoutis, Reynolds & Rowella   In a typical year, millions of people from around the world visit the US.  Many come as students READ MORE

National Taxpayer Advocate report to Congress identifying taxpayer challenges

The National Taxpayer Advocate Erin M. Collins released her first report discussing some of the difficulties confronting taxpayers and the IRS during the COVID-19 pandemic, READ MORE

New Interim Final Rule Clarifies Key Changes in Paycheck Protection Program

New guidance has emerged from the Small Business Administration with another interim final rule—this new rule clarifies certain key changes made to the Paycheck Protection READ MORE

Paycheck Protection Program Flexibility Act (PPPFA).

On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA). The PPPFA will provide additional flexibility to many borrowers READ MORE

SBA Issues Interim Final Rules

The Treasury and Small Business Administration (SBA) released two new Interim Final Rules (IFR) – one on Loan Review Procedures and one covering Loan Forgiveness. READ MORE

Plan for Employees Safety as We Return to Work

More and more companies across are either asking employees to work from home, or maybe even temporarily shutting down. The CDC and other health groups READ MORE

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