With no movement on negotiations for a second COVID-19 relief bill from lawmakers on Capitol Hill, President Trump signed an executive order and several memorandums addressing the expiration of the …
Glass Jacobson Announces New Staff Promotions
At Glass Jacobson, we are always working towards creating an environment that empowers our staff to grow professionally and reach their career ambitions. Accordingly, we are pleased to recognize the …
IRS Grants Temporary Relief for Safe Harbor Plan Sponsors
For struggling 401(k) and 403(b) plan sponsors concerned about making mid-year safe-harbor contributions, new IRS guidance offers temporary relief. Typically, plan sponsors must meet specific regulatory requirements to reduce or …
As the PPP Forgiveness Window Opens Businesses Should Wait-and-See
The week of August 12 marked the first week that the Small Business Administration would be accepting applications for PPP loan forgiveness. But businesses are being advised not to jump …
Republican Senators Propose Version of New CARES Act
After a couple of weeks of intra-party squabbling, Senate Republicans released the details of it proposed coronavirus aid sequel. It now faces a stonewall of Democrats who passed their own …
Tax Strategies That Are Keeping Charitable Giving Alive
As expected, charitable giving by individuals began to wane after the Tax Cuts and Jobs Act (TCJA) increased the standard deduction for millions of taxpayers. While the strong economic growth …
