The PPP Loan Forgiveness Application

The Biden Administration Corporate Tax Proposal

Deloitte Newsletter of House $3 Trillion tax bill:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200515_1.html?elqTrackId=6edc9867a07b496ca7fdcb97303b8367&elq=05e746544b3b4082a88ef1de99816883&elqaid=70867&elqat=1&elqCampaignId=13526

The House Bill:
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-116hr6800ih.pdf

Paycheck Protection Program Loan Forgiveness Application:
https://www.sba.gov/sites/default/files/2020-05/3245-0407%20SBA%20Form%203508%20PPP%20Forgiveness%20Application%20FINAL_Fillable.pdf

Forbes article reviewing the Application: Very detailed analysis of the history of PPP loans and how to apply for forgiveness.
https://www.forbes.com/sites/anthonynitti/2020/05/16/sba-releases-paycheck-protection-program-loan-forgiveness-application-a-deep-dive/#13dd1ee1b2f5

Thieves Steal Confidential Taxpayer Info Via IRS Website

Just when you thought you were safe to access important and confidential information via the IRS website, it turns out scammers are at it again. According to reports from the IRS, thieves have managed to break into one of the government agency’s website services and steal the confidential information of thousands of taxpayers. In fact,…

SEC Penalizes Deutsche Bank for Questionable Accounting Issues

Accounting mistakes can happen to anyone, whether you’re self-employed, have a small business with just a few employees, or you run a major corporation. However, even when mistakes happen, the consequences can be damaging. When those mistakes, or irregularities, involve large organizations like corporations, banks and financial institutions the consequences can be severe. Recently, the…

Activists, Unions Take Aim at Governor Brown’s Budget Grip

California Governor Jerry Brown has been known to rule the state’s budget with a tough grip. Not much has passed or been voted down without him having a hand in the decision. The governor has fought for tax hikes, put the kybosh on new programs that call for more spending and worked tirelessly on building…

Tax Fraud Getting More Advanced – Are You Prepared?

It used to be that tax fraud was fairly cut and dry. Essentially, it involved an individual or company who, for various reasons, tried to purposely fudge on their taxes, either by understating their income or by trying to completely skip out on filing a return. Those practices certainly still exists, despite the IRS’s constant…