The Coronavirus Aid, Relief, and Economic Security Act – The CARES Act

Update 4:45 p.m. March 27, 2020 Key Business and Personal Provisions of the CARES Act Friday afternoon, March 27, the President signed the CARES Act which will provide over $2 trillion in relief to individuals and businesses. Below, is a summary of the key personal...

5 Steps to Business Continuity During the Coronavirus Pandemic

Pandemic Workplace Preparedness Plan | DMJ & Co., PLLC As the coronavirus (COVID-19) rapidly spreads within the U.S., how do business leaders ensure continuity during this pandemic? Employee, customer and vendor safety is paramount, but as more activities are...

Does Your Business Need a Backup Plan to Ensure Key Process Continuity?

Does Your Business Need a Backup Plan to Ensure Key Process Continuity? | Business Consultants | DMJ & Co., PLLC As the news of coronavirus continues to vibrate across the world, individuals and organizations are facing unprecedented forms of disruption. The...

Limits on a Partner’s Loss Deductions

As you are probably aware, one of the advantages of doing business as a partnership (or S corporation), as opposed to a regular corporation, is that the business losses “pass through” to the partners and can be deducted by them on their individual tax...