Nearly seven years after the inception of the Equal Credit Opportunity Act (ECOA) Valuations Rule, the Consumer Financial Protection Bureau (CFPB) issued factsheets for two of its major components: transaction…
Recent Insights
CARES Act: International Tax Implications of NOL Rule Changes
In a previous post, we discussed some of the tax implications and opportunities for business taxpayers as a result of the CARES Act, including allowance of net operating loss (NOL)…
Stimulus Payment FAQs: Submitting Direct Deposit Info, Returning Payments to Deceased, Proper Dependent Treatment and More
The IRS reports that approximately 130 million of the expected 150 million stimulus payments have already been distributed. There are a number of reasons why certain eligible taxpayers have yet…
The Importance of Wealth Planning, Part 2: A Three-Step Guide to Wealth Plan Reviews
As discussed in part one of our blog series, a wealth plan is an important tool for families in good times and bad. Regular maintenance is required to keep the…
PPP Loan Forgiveness Applications Address Several Unknowns
On May 15, 2020, the Small Business Administration (SBA) issued a loan forgiveness application providing instructions for borrowers seeking information on how to more definitively calculate PPP loan forgiveness. On…