PPP Loans & Deductible Expenditures

By Scott Lewis, CPA, MSA Late on April 30, 2020, the IRS published additional tax guidance under Notice 2020-32, specifically addressing the deductibility of expenses…

Webinar: Automotive Dealership Response to COVID-19 Crisis – 3rd Edition, Q&A

For those of you who requested or those that might have missed it, a copy of yesterday’s 3rd edition of the Automotive Dealership webinar can…

Recording and Administering Payroll Protection Program (PPP) Loan Proceeds

By Scott Lewis, CPA, MSA The loan funding from the Small Business Administration’s Paycheck Protection Program (PPP) has raised many questions from small businesses and…