Happy Holidays! New Small Business Relief Is On The Way
December 22, 2020
Just in time for the holiday season, the much anticipated second round of COVID-19 relief has been approved by the
Tag: Paycheck Protection Program
IRS Issues Guidance on PPP Loan Covered Expense Deductions
November 19, 2020
This article applies to all those businesses which applied for and received a loan in 2020 through the Paycheck Protection
UPDATE: New Legislation Brings Added Flexibility to the Paycheck Protection Program
June 5, 2020
Since its enactment in March, the Paycheck Protection Program (PPP) has disbursed billions of dollars to small businesses struggling during
SBA Releases Paycheck Protection Program Loan Forgiveness Application
May 18, 2020
On Friday, May 15th, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) Loan Forgiveness Application together with
New SBA Guidance Extends PPP Safe Harbor Deadline to May 18th
May 15, 2020
In response to public scrutiny concerning Paycheck Protection Program (PPP) loans being disbursed to large companies like Shake Shack, the
SBA Provides Safe Harbor to PPP Borrowers with Loans Less than $2 Million
May 13, 2020
The Small Business Administration (SBA) released Frequently Asked Question #46 today for the Paycheck Protection Program (PPP). FAQ #46 asks,
Small Business Administration Clarifies Eligibility Requirements of Paycheck Protection Program Applicants
May 7, 2020
In a prior post (see Small Business Administration Issues “Fraud Warning” to Paycheck Protection Program Applicants), I wrote about the
No Expense Deduction for Forgiven PPP Loan Amounts
May 1, 2020
By now everyone should be aware of the Paycheck Protection Program (“PPP”) that enables small businesses to obtain favorable loans
Small Business Administration Issues “Fraud Warning” to Paycheck Protection Program Applicants
April 28, 2020
In response to public backlash surrounding large and profitable companies obtaining loans under the Paycheck Protection Program (PPP), the SBA
Congress Authorizes Additional Funding for Paycheck Protection Program
April 24, 2020
More relief is on the way! After the initial $349 billion allocated to the highly sought after Paycheck Protection Program