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Paycheck Protection Flexibility Act Extends PPP Spending Deadline

Paycheck Protection Flexibility Act Extends PPP Spending Deadline

The PPP forgiveness rules continue to evolve. Wednesday night (June 3), the Senate voted unanimously to accept the legislation previously passed by the House, and President Trump is expected to sign soon.
Assessing the impact of COVID-19 pandemic on investment valuations

Assessing the impact of COVID-19 pandemic on investment valuations

Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.
IRS extends time to make 163(j) real property business elections

IRS extends time to make 163(j) real property business elections

Provides more time to elect out of 163(j) interest deduction limitation for taxpayers with certain real property or farming businesses.