On Wednesday, November 18, 2020 the IRS released guidance regarding the deductibility and timing of covered expenses that resulted from the use of funds provided through the Paycheck Protection Program. The guidance, in part, reads "If a business reasonably believes that a PPP loan will be forgiven in the future, expenses related to the loan are not deductible, whether the business has filed for forgiveness or not."
On June 5, 2020 the President signed the Paycheck Protection Program Flexibility Act into law. The...
Updated May 18, 2020 to include the Loan Forgiveness Application and related worksheets.
Last Updated June 20, 2020
You may have questions related to the Paycheck Protection Program (PPP)...
The Small Business Administration has released results from the first 5 days of the second round of...
On Wednesday, April 29th the IRS released a draft revision of the Form 941 for expected use...
The various programs being offered to help businesses and employees work through the COVID 19...
The new small business guidelines for paid sick leave and expanded family medical leave provided in...
With the release of an additional interim rule, the SBA cleared the way for all faith based...
Updated - Saturday, April 4, 2020
On Thursday, April 2nd, the SBA released interim final rules on...
