Possible PPP Legislation & 1099-B
Possible PPP Legislation:
https://www.bloomberg.com/news/articles/2020-05-26/hoyer-says-house-and-senate-close-on-ppp-loan-extension
Form W-4P
https://www.irs.gov/pub/irs-pdf/fw4p.pdf
IRS Notice 2020-3
https://www.irs.gov/pub/irs-drop/n-20-03.pdf
“E” Reorganization
“E” Reorganization The “E” reorganization is defined as a re-capitalization – the exchanges of stock and securities for new stock and/or securities by the corporation’s shareholders. It involves only one corporation and the re-configuration of its capital structure. Stock for stock Differences in the voting rights, dividend rates, and preference on liquidation are ignored. Bonds…
Job Openings
Job Openings CAREERS Our team is committed to building a one-on-one relationship with our clients, providing the attention, commitment and expertise they deserve. We contact all of our clients on a regular basis to ensure that their expectaions are met and exceeded. We are looking for attentive employees with high values and a desire to…
Internships
Accounting Intern Greenstein, Rogoff, Olsen & Co., LLP (GROCO), is a full service Certified Public Accounting firm with offices in Fremont (near BART) and Palo Alto (in the heart of Silicon Valley). We currently are seeking a Tax Intern. For over 50 years, GROCO has consistently ranked as one of the top accounting firms in…
Lending Money to Your Corporation
Lending Money to Your Corporation By Alan L. Olsen, CPA, MBA (tax) Managing Partner Greenstein, Rogoff, Olsen & Co. LLP Starting a business takes a substantial amount of money and effort. There is a correct process to go through if you want to lend money to a corporation. First, you must properly document the transaction.…