This past May, the IRS issued Notice 2020-32, providing that a taxpayer that receives a loan through the PPP is not permitted to deduct expenses that are normally deductible under the Code to the extent the payment of those expenses results in loan forgiveness under the CARES Act. In the recently issued Revenue Ruling 2020-27, the IRS…

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Michael Halkias of MSPC interviews our guest speaker, Shailesh “Shay” Kshatriya from Russell Investments, who shares his knowledge and perspective on the current financial markets and changing opportunities. He helps contextualize recent market events against the backdrop of long-term investment objectives.

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