Expenses Paid with PPP Loans: an Unexpected Turn

  |  December 28, 2020

The recently passed "Consolidated Appropriations Act, 2021" contains a welcome surprise for business owners affected by the COVID-19 pandemic. In a significant turn away from guidance originally published by the IRS, the new legislation intends to allow a business to deduct expenses in full, even if paid with forgiven PPP funds. Read more. Read More

Now is the Time to Maximize Lifetime Gifting Options

  |  December 22, 2020

IRS interest rates are at an all-time low and federal estate and the total lifetime gift tax exemptions are at a record high – making this an especially opportune moment to take advantage of lifetime gifting options. The experienced team at REDW Wealth is ready to answer your questions or help you develop a plan that aligns with your lifetime gifting options and concerns. Read more. Read More

Federal Agencies Solicit Input from Tribal Leaders on CARES Act

  |  April 10, 2020

Two calls are scheduled for next Tuesday, April 14, for the U.S. Treasury Department to solicit comments from tribal leaders on two major programs under the CARES Act: the Paycheck Protection Program (PPP) and the Employee Retention Credit. Both consultation calls result from questions on how federal agencies interpret and limit the CARES Act for tribes and their enterprises. Read more. Read More