- November 30, 2020
- Accounting | Audit and Tax | Tax
It’s been over two years since the U.S. Supreme Court shook up the state tax world in South Dakota v. Wayfair (Dkt 17-494, 6/21/2018)…
- November 24, 2020
- Accounting | COVID-19 | News | Tax
Glen Birnbaum was featured in articles in the Wall Street Journal and Politico, discussing PPP loan forgiveness. Glen, CPA, ABV, ASA, CVA, CM&AA, is…
- November 23, 2020
- Accounting | COVID-19 | Tax
Two developments related to the Paycheck Protection Program (PPP) loan from the CARES Act have just been unveiled. One significant development from the IRS…
- November 23, 2020
- Accounting | COVID-19 | Tax
Due to the uncertainty of the pandemic, the Department of Education (DOE) has continually provided updates to its guidance for interruptions of study related…
- November 20, 2020
- Accounting | Tax
A Monetized Installment Sale can provide up to 93.55% of the selling price in cash at closing while deferring the taxes for 30 years…
https://youtu.be/c8ePIrbT2Hg Read our article, 2020 Elections – Outcomes and Outlook on Taxes, for more information. …
- November 9, 2020
- Tax
One of the most contested elections in years was completed last week. While several races are still undecided and the results in multiple states…
- November 5, 2020
- Distribution | Manufacturing | Tax
On July 28, 2020, the IRS issued final regulations for the interest expense deduction. These comprehensive regulations run over 600 pages, covering changes introduced…
Louis Sands and Jim Brandenburg were featured in a Financial Advisor article, “Tax Moves that Advisors should Consider before the Elections.” Louis and Jim…
- October 29, 2020
- Accounting | Audit and Tax | COVID-19 | Manufacturing | Tax
Many borrowers of the Paycheck Protection Program (PPP) loan are now in the process of submitting loan forgiveness applications, with the expectation that their…
- October 28, 2020
- Accounting | COVID-19 | Tax | Transaction Advisory Services
Part Three: Reducing Your Risks And now, an important update from the world of M&A transactions: Buyers are still buying and sellers are ……
- October 23, 2020
- Accounting | News | Tax
Neil Keller was featured in the Bloomberg Tax article, “Busy Tax Pros Buried in IRS Push to Finish Tax Overhaul Rules,” in which he…
- October 20, 2020
- Accounting | Forensic & Valuation | News | Tax
Glen Birnbaum and Neil Gerber were featured on a local Peoria podcast, My Piggie Bank, to discuss business valuation. Glen, CPA, ABV, ASA, CVA,…
- October 19, 2020
- Audit and Tax | News | Tax
Glen Birnbaum was featured on a WHOI-TV news segment discussing the 2019 tax deadlines. Glen, CPA, ABV, ASA, CVA, CM&AA, is a partner with…
- September 28, 2020
- Investment Banking | Tax
Selling a company is a complex and time consuming process. Therefore, it is important to assemble the right team of advisors to manage the…
- September 25, 2020
- Accounting | COVID-19 | Tax
The Department of Education’s Updates to the Higher Education Emergency Relief Fund (HEERF) Programs for Institutions of Higher Education In September 2020, the Department…
- September 23, 2020
- Accounting | COVID-19 | Tax
Information Summarized from the Press Release by the U.S. Department of Agriculture According to the U.S. Department of Agriculture (USDA), farmers can go to…
- September 15, 2020
- Dynamics GP | Tax | Technology
The IRS has announced that the 1099-NEC form will be required for the 2020 tax year to report certain nonemployee compensation. According to the…
- September 14, 2020
- Accounting | COVID-19 | Tax
On Monday, August 31, 2020, we provided an overview of the guidance issued by the IRS in Notice 2020-65. This notice addressed the payroll…