858.367.7676
Shedding Light on the Mysteries of the PPP

Shedding Light on the Mysteries of the PPP

After weeks of confusion, the Small Business Association published the Loan Forgiveness Application, answering many of the questions that arose following the introduction of the Paycheck Protection Program in late March.  The new Loan Forgiveness Application provides...
Property Tax Relief Is in Store – For Some

Property Tax Relief Is in Store – For Some

Some homeowners and small businesses impacted by the COVID-19 pandemic will receive a highly anticipated property tax relief that delays deadlines and waives penalties until next year. The relief offer by Executive Order N-61-20, issued by California Governor Gavin...
Why Those PPP Loan Expenses May Be Nondeductible

Why Those PPP Loan Expenses May Be Nondeductible

Small businesses that benefit from the Paycheck Protection Program could end up having to pay a share of their loan to Uncle Sam in taxes.  On April 30, the IRS issued Notice 2020-32, which states that expenses paid with the forgivable PPP loan proceeds – which would...