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Pay Bill No Tax on Car Loan Interest Under the New Law? Not Exactly
Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or...
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Applying for a Commercial Loan with Confidence
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that...
Think Like a Lender Before Applying for a Business Loan
Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck Protection...
Possible Tax Consequences of Guaranteeing a Loan to Your Corporation
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor,...
The Restaurant Revitalization Fund is Now Live
The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to increased profitability for...
Partial Conformity to PPP Loan Tax Rules for California
Yesterday, Governor Gavin Newsom, Senate President pro Tempore Toni G. Atkins and Assembly Speaker Anthony Rendon announced that they have reached an...
