For many of us, 2020 has felt simultaneously like the quickest and yet longest year in recent history. At times, I felt like it was still Q1 and I was trying to figure out what I wanted to accomplish this year only to realize moments later that we were just weeks away...
Content By Demetrius J. Robinson
Judge Rules SBA Must Release Information for All PPP Borrowers
A federal judge has ruled the Small Business Administration (SBA) must release detailed information for all Paycheck Protection Program (PPP) loans. This includes both the identities of loan recipients and loan amounts. The underlining case was brought by a number of...
Ohio Unemployment Regulations Relaxed in Response to COVID-19
Ohio bars, restaurants, gyms, fitness centers, recreation centers, bowling alleys, indoor water parks, movie theaters and trampoline parks have all been ordered to restrict operations or to close indefinitely in response to the coronavirus outbreak. These businesses...
Tax Alert: Proposed IRS Regulations on Meals and Entertainment Expenses
On February 26, 2020, the IRS issued proposed regulations relating to meals and entertainment expenses. On December 22, 2017, the President signed the Tax Cuts and Jobs Act (“TCJA”), which eliminated the deductibility of entertainment expenses and made adjustments to...