Sandra O’Neill
Bowditch & Dewey LLP
Articles
More Key Tax Provisions from the Consolidated Appropriations Act
USA - January 21 2021 On December 27, 2020, Congress passed the 5,593 page Consolidated Appropriations Act. The “Act” includes several provisions and extensions of…
Consolidated Appropriations Act Clarifies CARES Act Tax Measures and Adds New Provisions
USA - January 19 2021 On December 27, 2020, Congress passed the 5,593 page Consolidated Appropriations Act. The “Act” extends and clarifies several COVID-19 tax-related…
IRS and Treasury Updated Guidance on Deductibility of Expenses Paid for with PPP Loan Proceeds
USA - November 23 2020 On November 18, the Internal Revenue Service and Treasury Department issued updated guidance on the tax deductibility of business expenses paid for…
2020 End of Year Tax Planning for Businesses
USA - October 28 2020 As the 2020 year draws to a close, businesses should review the tax-related provisions adopted in the CARES Act and related IRS guidance with their…
A Trap for the Unwary - IRS Denies Deductions for Expenses Paid with Forgiven PPP Loans
USA - September 3 2020 A central feature of the CARES Act, the Paycheck Protection Program (PPP), provided a lifeline to a multitude of small businesses during the early…
