Christina Rampone Awarded the 2016 Abrams Little-Gill Loberfeld Scholarship

Christina Rampone was awarded the 2016 Abrams Little-Gill Loberfeld Scholarship on Tuesday, May 24, 2016 at the MSCPA Believers & Achievers Reception.

Christina, a Suffolk University rising senior, is studying accounting and maintains a 3.89 GPA. She is also pursuing minors in Big Data and Economics.

The scholarship, which is fully funded by Abrams Little-Gill Loberfeld PC (ALL), awards Christina $2,500 to assist in her studies.

Christina said, “I would like to thank the firm associates and MSCPA scholarship committee members that selected me for this award. I am truly honored to receive the Abrams Little-Gill Loberfeld Scholarship.”

ALL is proud to support the future of profession and is an annual scholarship sponsor.

2020 Year-End Tax Planning: Changes to Consider in the COVID-19 Era

By Colin Boyle,  ALL CPAs Associate [...]

By |December 18 2020|Categories: Blog, Company News, COVID-19 Resource Center, News|Tags: |Comments Off on 2020 Year-End Tax Planning: Changes to Consider in the COVID-19 Era

Lawmakers Unveil Framework of Paycheck Protection Program Round 2 for Small Businesses

A $908 billion COVID-19 economic relief package first unveiled December 1 by lawmakers is gaining traction from congressional Democrats and Republicans, sparking hope that passage could occur soon.

By |December 18 2020|Categories: Blog, COVID-19 Resource Center, News|Comments Off on Lawmakers Unveil Framework of Paycheck Protection Program Round 2 for Small Businesses

If Seeking PPP Loan Forgiveness, Eligible PPP Expenses Are Not Deductible

Back in May, the IRS issued Notice 2020-32 which stated “no deduction would be allowed for an eligible expense that is otherwise deductible if the payment of the eligible expense results in forgiveness of the covered loan.” This triggered confusion among PPP borrowers, so in November, the IRS issued Revenue Ruling 2020-27 which indicates that because businesses aren't taxed on the proceeds of a forgiven PPP loan, PPP expenses are not deductible if used to obtain PPP loan forgiveness.

By |November 23 2020|Categories: Blog, COVID-19 Resource Center, Industry News, News|Tags: |Comments Off on If Seeking PPP Loan Forgiveness, Eligible PPP Expenses Are Not Deductible
2017-01-10T15:17:30+00:00May 26 2016|

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