- Economic Aid to Hard-Hit Businesses, Nonprofits, and Venues Act (the Act) is providing $284 billion in Payroll Protection Program (PPP) loan funding—is your small business eligible?
- Contact DSJ’s Coronavirus Response Team (CRT) for more information on our PPP Loan assistance
COVID-19 News
Eligibility Inquiries: Confirm Your Eligibility for PPP2
Hindsight is 2021: Preparing for the New Year
While the government remains in a period of unstable transition and the world in a continued moment of pause, tax advisors face the challenge of how to help clients prepare and plan for 2021. Luckily, DSJ’s got you covered.… Continue reading
Everything Small Business Owners Need to Know About PPP2
- Key deductibility issues from the first round of PPP Loans resolved
- Full breakdown of the new budget, loan terms, eligibility, and forgiveness
- How your small business will benefit from the loan
It’s a sigh of COVID-19 relief for small business … Continue reading
Trumps Signs Relief Bill in the Final Hours of 2020
- Trump signed $900 billion legislation Sunday night, hours before the government shutdown
- US is looking at a total of $2.3 trillion in aid and extended benefits for COVID-19 relief
Sunday night—with 48 hours left to go before a possible government … Continue reading
Santa Claus Is Coming to Town, And He’s Bringing a Stimulus Package
After a well-debated and long-awaited stimulus deal, lawmakers have finally come to an agreement on a second round of Coronavirus relief. It’s beginning to look a lot like Christmas in Washington DC, and as it turns out, we might … Continue reading
Why We Won’t Be Unwrapping Any Stimulus Packages This Holiday Season
- Senators across the board have agreed on a $900+ billion stimulus
- Agreement and commitment to the package—as usual—seem unlikely
- Congress meets on December 11th, hoping to extend economic aid programs
A bipartisan $908 billion stimulus plan has been introduced by … Continue reading
IMPORTANT UPDATE: IRS Waves an Iron Fist as AICPA Rallies the Troops
- IRS reiterates stance on forgiven PPP loan expenses’ non-deductibility
- AICPA pleas for Congress’ help in the opposition
The IRS has made clear its stance on PPP loans, issuing notices earlier last month that forbade a “double-dipping” clause for PPP … Continue reading
The Price is Right: Thanksgiving Edition
- Thanksgiving this year presents consumers with low prices & affordable options
- From driving to flying, many are still traveling for the holiday as COVID-19 cases soar
With the ever-increasing COVID-19 infection rates, gathering with family and friends this Thanksgiving may … Continue reading
It Pays to Work From Home, But It Might Cost You
- Economists at Deutsche Bank propose a work from home tax to support low-income individuals
- Proposal is widely opposed, but proponents say it’s necessary to maintain economic stability
- Are WFH expenses tax deductible?
A report released earlier this month by Deutsche … Continue reading
Divided Congress + New President = What for Taxes?
- Biden looks to overhaul reform Trump administration tax policies
- Will this be possible if Congress remains divided?
- Congressional division might be beneficial to the market
With the current ticket set for Joe Biden as President-elect and Congress as being wholly … Continue reading