Co-Authored By Attorneys Eric Klemm and Joseph A. Camilli While the COVID-19 pandemic wears on, there is hope for a return to normality in the workplace given the numerous vaccine options currently being shipped out across the country. Vaccines offer the promise of an end to the current pandemic environment and a reopening of full […]

By Attorney Joseph A. Camilli This third installment of  our multi-part overview will discuss the current State of Wisconsin taxation of PPP loans, both with respect to the deductibility of expenses paid with PPP proceeds and the income tax treatment of the PPP funds themselves.  As always, please keep in mind that the details of […]

Wisconsin Treatment of PPP Loans By Attorney Joseph A. Camilli This third installment of  our multi-part overview will discuss the current State of Wisconsin taxation of PPP loans, both with respect to the deductibility of expenses paid with PPP proceeds and the income tax treatment of the PPP funds themselves.  As always, please keep in […]

December 29, 2020 Authored by Joseph W. Boucher President Trump signed this bill Sunday December 27. The article by the Journal of Accountancy is an excellent summary. https://www.journalofaccountancy.com/news/2020/dec/covid-19-relief-bill-addresses-key-ppp-issues.html Some Key highlights: The PPP program has more funding.  Expands which businesses qualify to include other tax exempts such as destination marketing organizations.   For business not […]