The New York Times interviewed Tax Partner Andrew Finkle for an article about tax strategies available to business owners under new tax rules legislated by the CARES Act.

Excerpt:

A loan from the Paycheck Protection Program takes care of only eight weeks of payroll, but the employee retention credit and the deferral on the payroll taxes are options that are better suited to some business owners, said Andrew Finkle, a partner in the Philadelphia office of the accounting firm Marcum… “If the math works out because it extends to the end of the year, and not just for eight weeks, then it might make sense,” Mr. Finkle said.

Click here to read a PDF version of the article >>

Coronavirus Resource Center

Have more questions about the impact of the coronavirus on your business? Visit Marcum’s Coronavirus Resource Center for up-to-date information.