by Demetrius Robinson | Nov 19, 2020 | Finance, Government
By Demetrius Robinson & Jennifer Hart The US Treasury Department and the Internal Revenue Service (IRS) released new guidance late Wednesday related to the tax treatment of expenses paid with Paycheck Protection Program (PPP) loans. Specifically, Revenue Ruling...
by Stephanie Mercado | Nov 8, 2020 | Finance, Government
By Stephanie Mercado Due to the COVID-19 pandemic, Ohio’s estimated state budget will have a $2 billion shortfall for the current fiscal year, according to House Majority Floor Leader Bill Seitz. Seitz suggested dipping into Ohio’s $2.7 billion rainy-day...
by cap@kjk.com | Nov 7, 2020 | Finance
By Demetrius Robinson A federal judge has ruled the Small Business Administration (SBA) must release detailed information for all Paycheck Protection Program (PPP) loans. This includes both the identities of loan recipients and loan amounts. The underlining case was...
by cap@kjk.com | Oct 31, 2020 | Election, Finance
By Samir Dahman Tax policies are always a hot topic in presidential elections. Below, we provide side-by-side comparisons of where the presidential candidates stand on income (corporate and individual) and estate taxes. In short, President Trump’s plan seems to be to...
by Scott Norcross | Oct 30, 2020 | Election, Finance, Government
By Scott Norcross & Paige Rabatin There’s no need for suspense; a new federal stimulus package will not be passed before the November 3rd election. That became clear once the announcement was made that the Senate will be recessed until November 9th. However, the...
by Rob Gilmore | Oct 29, 2020 | Employment, Finance, Government
By Rob Gilmore & Alexis Preskar Ohio Governor Mike DeWine has requested the Bureau of Worker’s Compensation send employers an additional $5 billion in dividends to mitigate losses due to the ongoing pandemic. This is the third major dividend request the Governor...