Tax Planning Articles

Tax Planning Articles

Tax Watch

PPP Loan Forgiveness Application is Released

What did we learn from the PPP loan forgiveness application? DMJ & Co., PLLC’s Director of Tax Services, Milton Howell, provides a detailed analysis of the application for forgiveness, that was issued on Friday, May 15, 2020.

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Paycheck Protection Program (PPP) Loan Forgiveness

Wednesday, May 13, 2020 On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This package was a $2.3 trillion relief package, and it included a number of provisions designed to stimulate the economy and...

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Qualified Disaster Payments Under IRC 139

Since the application period opened on Friday, April 3, 2020, businesses have lined up in an effort to secure funds through the Paycheck Protection Program (PPP) from the Small Business Administration (SBA). The rumored number of applications received by individual...

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Paycheck Protection Program Application Updated

The U.S. Department of Treasury released more information on the Paycheck Protection Program (PPP) on the evening of April 2, 2020. These updated guidelines are titled “Interim Final Rule” and include an updated application. 

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