CARES Act – New Information on PPP Loan Forgiveness
The Small Business Administration (“SBA”) published forms and instructions for loan forgiveness on May 15. The loan forgiveness application and
CARES Act – Additional SBA Changes May Allow Added Funding on PPP Loans
The Small Business Administration (“SBA”) published new guidance on May 13 that allows some companies to obtain increased funding on
CARES Act – Additional SBA Changes on Issue of Criminal Liability
The Small Business Administration (“SBA”) published new guidance today easing their previous rules on potential criminal penalties. This new guidance
CARES Act – Retroactive changes that could create criminal liability from your PPP loan certification
The Small Business Administration (“SBA”) and Treasury Department have just published guidelines regarding qualifications for the Payroll Protection Program (“PPP”)
IRS announcement on tax deductions for wages
The IRS announced late Thursday that it won’t allow companies to take tax deductions for the wages and other expenses
SBA PPP loans update
Many of our clients have seen their SBA PPP loans approved and/or funded this week. It is our understanding that