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Paycheck Protection Loan Forgiveness Just Got Easier

The Senate has approved H.R. 7010 – Paycheck Protection Program Flexibility Act of 2020. The bill passed the House on May 28th. The Paycheck Protection Program provided businesses with forgivable loans to cover payroll and other expenses. It was part of the...

11th Circuit Blesses Conservation Merit Of Golf Course

Originally published on Forbes.com. The Eleventh Circuit has given one of President Trump’s favorite tax deductions a boost with its decision in Champion Retreat Golf Founders LLC. When a list of Trump Charitable contributions was released, “Various Conservation...

Why Do We Need Public Companies To Hand Out Free Money?

Originally published on Forbes.com. It’s like the old light bulb jokes. How many public companies do you need to hand out a few billion dollars to a few million people? Yesterday I told you about my friend who thought their Economic Impact Payment was likely either...

Debit Card Impact Payments Are Real

Originally published on Forbes.com. I just got a call from someone who received a mysterious debit card in the mail. It purports to be their Economic Impact Payment, but it is pretty suspicious. It doesn’t say how much and they have to make a phone call to activate...

HEROES And CARES – A Tale Of Two Tax Provisions

Originally published on Forbes.com. Dead On Arrival By all reports, the House HEROES bill ‘‘Health and Economic Recovery Omnibus Emergency Solutions Act’ will be dead on arrival in the Senate. Kelly Erb, God bless her, read all 1,800+ pages, so you can go to her for...