May 1, 2020 | Firm Overview Articles, Business & Corporate Law News
On April 30, 2020, the IRS released IRS Notice 2020-32 addressing the deductibility of expenses for which a Paycheck Protection Program (PPP) loan borrower is granted PPP loan forgiveness. For the eight week period after the disbursement of a PPP loan, a borrower can...
Apr 28, 2020 | Firm Overview Articles, Business & Corporate Law News
The Coronavirus Aid, Relief, and Economic Security Act of 2020 (“CARES Act”) contains various provisions that affect tax-exempt organizations. In addition to the disaster aid and employment sections, two provisions make charitable giving more attractive...
