Small businesses that applied for the Paycheck Protection Program, as of August 10th, can begin submitting requests for loan forgiveness. However, the SBA has continued to tweak the rules for…
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President Trump made major headlines in August with his Executive Order deferring payroll tax withholding, deposit, and payment from September 1 to December 31, 2020. Although the order is now…
Updated January 14, 2021 In June of 2020, the ABA Banking Journal reported that 7 out of 10 businesses nationally have received PPP funds. These businesses are focused on ensuring…
Updated January 14, 2021 With the passage of the Paycheck Protection Program Flexibility Act (PPPFA), the SBA has released two new loan forgiveness applications. These are designed to make the…
“Because that’s the way we’ve always done it,” is a phrase I’ve heard a lot over the past several years. It’s become a canary in the coal mine for me,…
Thanks to the recent passage of the Paycheck Protection Program Flexibility Act (PPPFA), forgiveness of Paycheck Protection Program (PPP) loans just got a little easier to navigate. The PPP was…
*UPDATE: This post was updated on June 9, 2020, to reflect changes introduced by the Paycheck Protection Program Flexibility Act* When the Paycheck Protection Program (PPP) was initially launched, there…
The COVID-19 public health crisis has taken its toll on businesses, individuals, retirees, and everyone in between. One of the efforts to help bring economic relief is a series of…
Shops, restaurants, studios, and other storefront-based businesses have some good news coming their way at tax time. One of the provisions in the CARES Act has fixed the so-called retail…
*UPDATE: The passage of the Paycheck Protection Program Flexibility Act on June 5th has materially changed the requirements for PPP loan forgiveness. We have updated this blog to indicate where…
