GRANTHAMPOOLE NEWS & UPDATES
Potential Refund of ACA-Related Taxes
Later this year, the US Supreme Court will deliberate on a case that could potentially lead to the Affordable Care Act (ACA) and its associated taxes being found retroactively unconstitutional. If the Court does find the ACA unconstitutional, taxpayers may be entitled...
read moreLife With (and After) the Paycheck Protection Program: Part 1
GranthamPoole partners Mike Carraway and Brad Hatchett discuss the ever-winding road of the Paycheck Protection Program, including its origin, intent, and the evolving guidance and business conditions released over the last few months.
read moreThe Latest Guidance on PPP Loan Forgiveness
A little more than three weeks ago, President Trump signed into law the PPP Flexibility Act of 2020 (Flexibility Act) which made some significant changes to the Paycheck Protection Program (PPP), a loan program introduced in the CARES Act of...
read moreQualified Improvement Property & the CARES Act Part 3
The third episode in a three-part interview with CPA, John McCallum.
read moreValuation News and Insights – Tax-Affecting Earnings of PTEs
Whether to tax-affect earnings of pass-through entities (“PTE”) has been a hotly debated topic among business valuators for over two decades. Historically, the IRS has held that PTE earnings are after-tax since there is no tax at the entity...
read moreQualified Improvement Property & the CARES Act: Part 2
The second part in a three-part interview with CPA, John McCallum. Treatment of real property improvements for tax depreciation purposes can be a complex area, and rules have changed over time. GranthamPoole experts discuss the recent history of Qualified Improvement...
read moreQualified Improvement Property & the CARES Act: Part 1
Treatment of real property improvements for tax depreciation purposes can be a complex area, and rules have changed over time. GranthamPoole experts discuss the recent history of Qualified Improvement Property and how the CARES Act brought some much-needed resolution...
read more2020 Tax Developments: Part 2
The second episode of a two-part interview with CPA, Jessica Cooley Tax deadlines have changed. So have some tax laws. New loan programs are in place. People are working differently. GranthamPoole advisors discuss some of the changes that have taken place over the...
read moreCARES Act Makes Long-Awaited Correction to the “Retail Glitch”
The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the U.S. Tax Code passed in 2017. Of course, 2017 seems like decades ago considering all that has transpired since then, most notably the coronavirus pandemic. Unfortunately, it took a...
read more2020 Tax Developments: Part 1
Tax deadlines have changed. So have some tax laws. New loan programs are in place. People are working differently. GranthamPoole advisors discuss some of the changes that have taken place over the last few months...and continue happening.
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