New Stimulus Package Information

The U.S. House of Representatives and U.S. Senate passed the Consolidated Appropriations Act, 2021 (bill), a massive tax, funding, and spending bill that contains a nearly $900 billion coronavirus aid…

Legislation Regarding Expenses and PPP Funds

The team at Crosslin wanted to share a glimmer of good hope that expenses paid with the Paycheck Protection Program (PPP) funds may become deductible based on the latest bill…

Year-End Tax Planning for Businesses and Individuals

After a challenging 2020 for all, the year-end is coming quickly. Individuals, business owners and family offices should be reviewing their situations to identify any opportunities for reducing, deferring, or…

YEAR-END TAX PLANNING UNDER A BIDEN PRESIDENCY

In the wake of November’s elections, there are numerous articles regarding possible tax changes.  Crosslin does not endorse political candidates or parties.  However, as clients are balancing the unknown of…