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Home | February 2022News | Levine, Jacobs & Company, LLC, Member Offers Advice on Business Loans and Taxes
 
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  • Levine, Jacobs & Company, LLC, Member Offers Advice on Business Loans and Taxes
  • Levine, Jacobs & Company, LLC, Member Offers Advice on Business Loans and Taxes
  • February 22, 2022
  • Michael Karu, CPA/CFF quoted on NJ.com.

    Michael H. H. Karu, CPA/CFF, Senior Member, Levine, Jacobs & Company, LLC, was quoted on NJ.com where he discussed the process of taxes and business loans.

    "There is no need to treat the monies being used to start the business as loans, unless you plan on charging interest to the business, which is not necessarily the right move for tax purposes" Karu stated.

    He elaborated on further actions such as keep records of payments with receipts. “Reimburse whoever paid those expenses from the bus...
  • View more at: https://www.1888pressrelease.com/levine-jacobs-company-llc-member-offers-advice-on-busin-pr-703885.html
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