PPP loan non-deductible

IRS Says No Double Tax Benefit for PPP Loan Recipients

Tristan F. Spence, CPA, CVA Tax Planning For Businesses, Business Management, Coronavirus Leave a Comment

If you thought your business was going to deduct all those expenses you were planning to pay with a loan from the Paycheck Protection Program (PPP), you need to be …

cash flow

Managing Cash Flow During the COVID-19 Crisis

Glass Jacobson Wealth Advisors Business Management, Economic Update, Coronavirus Leave a Comment

Facing one of the most severe economic contractions in U.S. history, many small businesses are struggling for survival. For most businesses, as business slows, contracts are delayed, or supply chains …

PPP loan forgiveness

Paycheck Protection Program: Loan Forgiveness

Glass Jacobson Wealth Advisors Business Management, Economic Update, Coronavirus 2 Comments

Now that your business has gone through the loan application process for the Paycheck Protection Program (PPP) loans, it’s time to turn your attention to the forgiveness part of the …

cares act round two

CARES Act Round-Two: New Coronavirus Package Releases $484 Billion

Glass Jacobson Wealth Advisors Business Management, Economic Update, Coronavirus Leave a Comment

Although $2.2 trillion from the CARES Act may sound like a lot, it wasn’t quite enough to meet the needs of America’s many small businesses. So, the U.S. federal government …

navigating stock market 2020

Navigating the Ups and Downs of the Stock Market in 2020

Michael K. Creamer, CPA, CFP®, CDFA, ADPA Tax Planning For Individuals, Investing, Personal Finance, Economic Update, Coronavirus 1 Comment

These are the times that try investors’ risk tolerance, patience, and behavioral biases . . . and men’s and women’s souls. Modern portfolio theory drives our processes at Glass Jacobson. …

ppp loan forgiveness

How to Maximize Your PPP Loan Forgiveness

Edward J. Jacobson, CPA, CVA Business Management, Coronavirus Leave a Comment

For many small businesses, applying and getting approval for their Paycheck Protection Program (PPP) loans was not without its glitches. But the effort is worthwhile considering the loans provided you …