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...
Families First Coronavirus Response Act – Part 1
- March 27, 2020
All Employers must be prepared to comply with the requirements of this Act Effective April 1, 2020. Purpose: To provide their...
COVID-19 and Your Bank’s Credit Administration
- March 27, 2020
We have been receiving ongoing questions from financial institutions on how to work through the issues their customers are facing as...