November 2020 - The MFA Companies

November 2020

Nonprofits and Giving Tuesday

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.25_Nonprofit_Giving-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="Nonprofits and Giving Tuesday" />

November 2020 in Nonprofit

How Your Nonprofit Can Get a Boost with Year-End Giving

Year-end giving is a crucial time of year for nonprofits. Here are ideas and strategies to…

Sales/Use Tax and e-Commerce

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.25_SALT_ecommerce-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="Sales/Use Tax and e-Commerce" />

November 2020 in Tax

Sales and Use Tax & Value Added Tax Pitfalls for e-Commerce Businesses

When selling online to customers within the U.S. and internationally, e-commerce businesses should consider several…

Financial Goals Aligned to Market Volatility

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.18_Financial_Planning_Goals-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="Financial Goals Aligned to Market Volatility" />

November 2020 in Wealth Management

Aligning Your Financial Plan to Your Goals During Market Volatility

While the market volatility of 2020 has been remarkable, valuations and capital markets assumptions are…

PPP Tax Deductibility

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.23_PPP_Deductibility-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="PPP Tax Deductibility" />

November 2020 in Business Advisory, Tax

IRS Clarifies Tax Deductibility of PPP Expenses

The IRS and Treasury issued an update clarifying the tax deductibility of expenses related to…

Estate Planning - Family Generations

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November 2020 in Tax

Year-End Estate Planning Opportunities

Based on the expected makeup of the government next year, there are a number of…

Healthcare Signs of Distress

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/10/Healthcare-Signs-Distress-11-2020-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="Healthcare Signs of Distress" />

November 2020 in Business Advisory, Healthcare

Signs You May Need to Restructure Your Healthcare Organization

As healthcare organizations focus on maintaining operations in the thick of the recession, they —…

PPP Updated FAQs for Acquired Borrowers

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November 2020 in Business Advisory

Updated FAQs on Employee Retention Credits for Acquisitions of PPP Borrowers

The IRS posted two new FAQs on the Employee Retention Credit as it relates to…

PPP Loan Forgiveness May Impact R&D Credit

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.13_PPP_RD_Credit-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="PPP Loan Forgiveness May Impact R&D Credit" />

November 2020 in Business Advisory, Tax

PPP Loan Forgiveness May Reduce R&D Credit

PPP loan recipients should be aware that forgiveness of the loan may cause 2020 qualified…

SALT Deduction Cap Does Not Apply to Pass-Throughs

<img width="370" height="200" src="https://www.themfacompanies.com/wp-content/uploads/2020/11/2020.11.13_SALT_Deduction_Cap-370x200.jpg" class="attachment-mfawordpress-thumb-370-200 size-mfawordpress-thumb-370-200 wp-post-image" alt="SALT Deduction Cap Does Not Apply to Pass-Throughs" />

November 2020 in Tax

IRS Clarifies That SALT Deduction Cap Does Not Apply to Pass-Through Entities

The IRS announced state and local income taxes will be deductible at the pass-through entity…

Tax Planning Under a Biden Presidency

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November 2020 in Tax

Year-End Tax Planning Under a Biden Presidency

Under a President Biden, significant tax law changes are possible, including as it relates to…