The good news for PPP borrowers is that there is no cancellation of indebtedness taxable income generated by the forgiveness of any of the PPP loan. The not-so-good news is that on April 30, the IRS issued Notice 2020-32,...more
On December 31, 2015, after a 15-year phase-out (originally intended to last only nine years), Pennsylvania's 171 year-old capital stock tax finally expired....more
Text message: “Awesome.”
Is that any way to form a contract? In 2011, a Florida state court said it was.
It was as early as 1677 that the British Parliament passed the Statute of Frauds, which generally provided...more