Lindquist, von Husen & Joyce LLP.

  • About
    • Mission & Values
    • Leadership
    • BKR International
    • Our History
  • Services
    • Audit & Attestation
    • Tax
    • Business Advisory & Other Services
  • Expertise
    • Affordable Housing & Real Estate
    • Not-For-Profits
    • Individuals & Families
    • Closely Held Businesses
    • Client Success Stories
  • Resources
    • Blog
    • Tax Guide
  • News & Events
    • Firm News
    • Events
    • Industry News
  • Careers
    • Benefits
    • Professional Development
    • Life at LvHJ
    • Meet Our People
    • Open Positions
  • Contact
  • Client Portal

Client Portal

Forgot password?

Archives for December 2020

COVID-19 Relief Bill Includes 4% Housing Credit Floor Rate

December 30, 2020   |   Posted in: Tax Laws

The passage of the new COVID-19 relief bill (Consolidated Appropriations Act, 2021) by Congress on December 21, 2020, which was signed into law by President Trump on December 27, 2020, includes legislation that amends Internal Revenue Code Section 42. This new bill sets a minimum 4% housing credit rate for new and existing buildings that are not eligible for the 9% housing credit floor rate.     The 4% housing credit rate applies to:   1. ... more

COVID-19 Relief Bill Clarifies Deductibility of Expenses Paid with PPP Loans

December 30, 2020   |   Posted in: Tax Laws

The capital building in Washington DC at dusk.

On December 21, 2020, Congress finally passed a new COVID-19 relief bill (Consolidated Appropriations Act, 2021) which President Trump signed into law on December 27, 2020. The bill includes clarification of the deductibility of certain eligible expenses paid with forgiven Paycheck Protection Program (PPP) loans.  The bill now permits taxpayers who receive PPP loan forgiveness to deduct the eligible expenses that were paid with the forgiven PPP ... more

How Social Media Impacts your Career

December 08, 2020   |   Posted in: Professional Development

Social media is a widely popular tool for employees and job seekers to post about professional accomplishments, accreditations and even volunteer activities. Unfortunately, an outdated social media account could cost you an interview or hinder your chances of getting a job. Are your social media channels outdated? If so, it’s a good idea to clean them up for your job search and for your professional career in general. Check out these tips to ... more

New IRS Guidance: Non-Deductibility of Expenses Paid with PPP Loans

December 03, 2020   |   Posted in: Affordable Housing, Not For Profit, Tax Laws, Timely News

The Paycheck Protection Program (PPP) created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act provides loan funds to small businesses in order to help them pay eligible expenses (payroll costs, mortgage interest, rent, and utilities).  These covered loans are to be fully forgiven and not to be treated as income to the loan recipients as long as the loans are used to pay eligible expenses.    While it was clear that a ... more


Recent Posts

  • 3 Tips to Help Your Board Members Succeed
  • Due for an Audit? Identify Issues Sooner Not Later
  • Update Your CTCAC Compliance Forms
  • 6 Ways Giving Back to the Community Can Enhance Your Life
  • How Public Speaking Can Advance Your Accounting Career

Categories

  • Affordable Housing
  • Business Advisory Services
  • Case Studies
  • Charitable Giving
  • Individual Tax
  • Not For Profit
  • Professional Development
  • Tax Laws
  • Timely News
  • Uncategorized

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • June 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017

Tags

Affordable Housing affordable housing financial statement audits Blog Blog Post board management California Careers charitable donations compensation major gifts Not for Profit Professional Development retirement planning succession tax Tax Credit Compliance tax reform

Connect with us on

  • About
  • Services
  • Expertise
  • Resources
  • News & Events
  • Careers
  • Contact
  • Client Portal
©2022 Lindquist, von Husen & Joyce LLP. All Rights Reserved.