Ed joined LBF Group in January 2002. Ed received his Bachelor of Business Administration degree from the Detroit Institute of Technology. Prior to joining LBF Group, he owned and managed his own Accounting and Tax service for over 30 years.
Ed enhances our firm with his years of experience in the accounting and tax field, while representing businesses and individuals encompassing various professions and occupations. Ed has also completed the requirements established by the Internal Revenue Service, and has been granted the Registered Tax Return Preparer Certificate by the IRS.
We are pleased to announce that Congress changed some of the PPP rules over the weekend. It is important to note that several of the rules have been relaxed; those of you who were getting close to the end of your “8 week window” can now take a deep breath, as that period has been extended. As always, we are staying up-to-date as the new rules are rolled...
Many of you reading this have received, or will soon receive, the Payroll Protection Program (PPP) loan. And that’s good news. Not surprisingly, however, this distribution now shifts the focus to “what qualifies as forgiveness under this program?”
As of now if you spend at least 75% on payroll costs over an 8-week period, from the date you received the funds,...
Frequently Asked Questions
If I am applying or already received an Economic Injury Disaster Loan, is my small business eligible to participate in the Paycheck Protection Program?