IRS Shutdown And SBA Report On Status Of Payroll Protection Loans

The Biden Administration Corporate Tax Proposal

Small Business Administration report on status of Payroll Protection Loans
https://home.treasury.gov/system/files/136/SBA%20PPP%20Loan%20Report%20Deck.pdf

Deloitte Tax News & Views:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200417_1.html?elqTrackId=1de90fec2e754e678955489faf724238&elq=e22f66ba32e54313b577f2d67644bd48&elqaid=69971&elqat=1&elqCampaignId=13345

Get My Payment for Economic Impact Payment
https://www.irs.gov/coronavirus/economic-impact-payment-information-center#locked

Employment Development Department – Unemployment Assistance for Self-Employed workers.
https://www.edd.ca.gov/about_edd/coronavirus-2019/pandemic-unemployment-assistance.htm

india

Investing in India: Big Splashes and Little Drops

Investing in India: Big Splashes and Little Drops By Elizabeth Bowden-David Last week at our breakfast table here in India, the local business newspaper offered a back-to-back pair of attention-grabbing headlines. First, the homegrown e-retailer Flipkart announced that it had secured $1 billion in fresh capital to support its expansion strategy. The very next day,…

retirement

Most Retirement Plan Dollar Limits Increase for 2007

Most Retirement Plan Dollar Limits Increase for 2007 IRS has announced the 2007 cost-of-living adjustments (COLAs) for retirement plans. Many of the limits applicable to pension, and other retirement plans, increase for 2007. For most of the limitations, the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Increased limits. The…

Banks Are Reaping the Benefits From Inversions

Banks Are Reaping the Benefits From Inversions

Banks Are Reaping the Benefits From Inversions Up until now, most of the attention regarding tax inversions has been put on the companies that have been choosing to make these deals. After all, it’s the companies that are saving a bunch of money on their taxes and supposedly cheating the U.S. Treasury out of more…

Simplified per-diem rates boosted for post-September 30 business travel

Simplified per-diem rates boosted for post-September 30 business travel Simplified per-diem rates boosted for post-September 30 business travel Rev Proc 2006-41, 2006-43 IRB Many companies use per-diem rates to reimburse their employees for business travel expenses rather than requiring employees to submit receipts for their expenditure. The IRS recently increased the simplified per-diem rate (high-low…