On Sunday, December 27, 2020, President Trump signed the Coronavirus Response and Relief Supplemental Appropriations Act. We’ve highlighted what we believe are the most important items here.
This year has included a whirlwind of changes in many areas, especially those related to the impact of COVID-19 on businesses of all sizes. Luckily, there are significant tax planning strategies to consider when managing financial losses, determining taxable income, and deducting PPP loan expenses…