PPP Second Draw
Changes to Paycheck Protection Program Second Draw At the end of 2020, Congress passed, and President Trump signed, a new law that provides for additional relief related to the COVID-19…
Changes to Paycheck Protection Program Second Draw At the end of 2020, Congress passed, and President Trump signed, a new law that provides for additional relief related to the COVID-19…
On May 31, 2020, the IRS issued Notice 2020-32, below, which denies an expense deduction for those recipients of Paycheck Protection Program loans which are forgiven for otherwise deductible expenses.…
As of April 29, 2020 PAYCHECK PROTECTION PROGRAM LOANS - Frequently Asked Questions (FAQs) The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely…
HOW TO CALCULATEMAXIMUM LOAN AMOUNTS – BY BUSINESS TYPE The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing this guidance to assist businesses in…
Charitable Contributions Recognizing that the coronavirus pandemic may negatively impact charitable contribution, the recently passed “CARES Act” made important changes to charitable contribution rules. Listed below is a summary of…
Please see the notice below regarding the Coronavirus-related paid sick leave for workers and tax credits for small and mid-size businesses. Implementation procedures should be released by the IRS soon.…
When and How Will I Get That $1,200 Stimulus Payment? QuickTake By Laura Davison Mar 27, 2020 At the center of the U.S. government’s $2 trillion economic stimulus package in…