Accounting

Guidance on PPP Loan Forgiveness

As we approach the end of 2020, many taxpayers and tax practitioners have been pondering whether or not expenses that were incurred in 2020 and paid with Payroll Protection Program (PPP) proceeds would be deductible in the current year if the PPP loan wasn’t forgiven...

End of Year Accounting and Bookkeeping Tips

Time to finally start thinking about turning the calendar from 2020 and into 2021. It’s also time to take stock and how things are going and to make plans for what we hope is a turnaround or even better new year. We here at Aliign want to provide a few key areas and...