PPP Forgiveness Application Draft
- May 18, 2020
PPP Forgiveness Update A first draft of the PPP loan forgiveness application (PDF link) has been released. As with everything related...
Paycheck Protection Program SBA Updates
- May 1, 2020
Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan...
Deductibility of Expenses Reimbursed by the Paycheck Protection Program
- May 1, 2020
The IRS released guidance on April 30th to explain that a taxpayer that receives a loan through the Paycheck Protection Program...
Paycheck Protection Program (PPP) Next Steps
- April 17, 2020
If you have received PPP loan funds, congratulations! It was a rocky process for many with unclear and changing rules. In...
IRS Extends More Tax Deadlines
- April 10, 2020
The Treasury Department and IRS have provided additional relief to taxpayers for a variety of tax forms and payments. Some of...
How to Protect Yourself from Coronavirus Scams
- April 6, 2020
The COVID-19 outbreak has caused much fear and stress. It is times like these that scammers take advantage of the uncertainty...
COVID-19 Update: Interim Final Rule for PPP Loan
- April 3, 2020
The interim final rule for the Paycheck Protection Program has been released by the U.S. Treasury. This includes information for lenders...
Covid-19 Update: Payroll Protection Program
- April 1, 2020
Late yesterday afternoon the U.S. Department of the Treasury issued guidance on the Payroll Protection Program (PPP), part of the larger...
CARES Act
- March 27, 2020
Congress has passed a $2.2 trillion stimulus package to support the economy during the virus pandemic. The President has indicated that...