Gas Stations For Sale USA

Gas Stations For Sale USA Bringing buyers and sellers of Gas Stations and Conviniance stores. Gas station Portfolios, Fuel terminals ,Fuel Distributers working with Private Equity

Innovation is the key to success, I came across this great article I hope it inspires you.
01/19/2023

Innovation is the key to success, I came across this great article I hope it inspires you.

Sports partnerships and food trucks are different methods for capturing customers' food dollars.

Please Join Us and visit stunning custom built home by Fantozzi in 1995. This corner lot home sits on 1/3 acre and has o...
03/23/2022

Please Join Us and visit stunning custom built home by Fantozzi in 1995. This corner lot home sits on 1/3 acre and has one of the best views in Upper Arlington,facing the OSU scarlet and gray golf course

Great Location , BUSY Store located in a dense residential area !
07/30/2021

Great Location , BUSY Store located in a dense residential area !

Lima, OH:Description: Located in a dense neighborhood, this Drive-Thru & Carry Out is a store that prides themselves on VERY FAST and specialized service for their loyal customers. Asking: Asking - $250,000 for the business only, plus inventory paid in cash at closing Lease Rate - $6,000.

Columbus is moving in the right direction , with many smart people directing their attention to Columbus, Ohio
08/15/2020

Columbus is moving in the right direction , with many smart people directing their attention to Columbus, Ohio

Columbus landed its latest VC firm – the managing partner moved here from Singapore with no prior ties to Ohio – by being itself.

National Report: Move to Buyer’s Market and Increasing Earnouts
08/07/2020

National Report: Move to Buyer’s Market and Increasing Earnouts

This support will facilitate professionals to serve the business communities.
07/23/2020

This support will facilitate professionals to serve the business communities.

Automatically Forgive PPP Loans Under $150K James Parker 25 Comments 68 SignaturesGoal: 10,000 We the undersigned support the proposed The Paycheck Protection Small Business Forgiveness Act, which would greatly streamline the process for small business owners seeking forgiveness for the monies from....

The passage of this bill will enable small business owners to be represented with affordable choices when they choose to...
07/17/2020

The passage of this bill will enable small business owners to be represented with affordable choices when they choose to sell their businesses.

HR 609, The Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act of 2019, will codify regulatory relief envisioned in the SEC M&A Broker No Action Letter.

This is very important issue to allow for competition in the market place. Please forward to every business broker and c...
06/15/2020

This is very important issue to allow for competition in the market place. Please forward to every business broker and commercial realtor.

House Financial Services Committee is holding a hearing on this and other bills on September 11th.  This is the next step in getting our bill enacted into law.

05/14/2020

COVID-19 Update: Pandemic EBT, Additional Services to Reopen, Staying Connected

05/06/2020

PPP Loans And Business Deductions-No Double Dipping

By: Randall A. Denha, J.D., LL.M.*

On May 4th, the IRS issued Notice 2020-32 (the Notice) relating to the deductibility for federal income tax purposes of certain otherwise deductible expenses related to amounts received pursuant to the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act established the PPP to provide employers with loans to pay costs associated with payroll, certain employee healthcare benefits, mortgage interest, rent, utilities, and interest on other existing debt obligations. PPP indebtedness may be forgiven to the extent the recipient of the PPP loan uses the proceeds to pay certain covered payroll, mortgage interest, rent, and utility costs during the applicable 8-week covered period. PPP loan forgiveness may be reduced or limited in certain circumstances, such as if a recipient employer reduces the number of full-time employees or reduces salary or wages by a specified amount.

The CARES Act provides an exception to the general rule a taxpayer recognizes income if it has debt forgiven by providing that any portion of a PPP loan that is forgiven is excluded from the recipient’s gross income for federal income tax purposes.

The covered expenses giving rise to PPP loan forgiveness, such as payroll costs or mortgage interest, would normally be deductible by the taxpayer. The Notice provides if and to the extent PPP loan forgiveness is excluded from the recipient’s gross income, the recipient is not allowed a deduction for any eligible expense that gave rise to such loan forgiveness.

Thus, for example, if a taxpayer has $1,000 of PPP loan forgiven because the taxpayer used the $1,000 to pay otherwise deductible payroll costs, the taxpayer would not be allowed any deduction for such payroll costs.

*Randall A. Denha, J.D., LL.M.., principal and founder of the law firm of Denha & Associates, PLLC with offices in Birmingham, MI and West Bloomfield, MI. Mr. Denha continues to be recognized as a “Super Lawyer” by Michigan Super Lawyers in the areas of Trusts and Estates Law; a “Top Lawyer” by D Business Magazine in the areas of Estate Planning and Tax Law; a Five Star Wealth Planning Professional; Michigan Best Lawyers; Michigan Lawyer of Distinction and a New York Times Top Attorney in Michigan. Mr. Denha can be reached at 248-265-4100 or by email at [email protected]

Address

1840 Zollinger Road, Suite 101
Columbus, OH
43221

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 8am - 5pm

Telephone

+16143328762

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