Paycheck Protection Program Second Loan Draw
The CARES act authorized the SBA to make loans to qualified businesses under certain circumstances. The Act established the Paycheck... View Article
January 11, 2021 12:15 pmThe CARES act authorized the SBA to make loans to qualified businesses under certain circumstances. The Act established the Paycheck... View Article
January 11, 2021 12:15 pmInternal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments (EIP) as part of... View Article
January 11, 2021 12:14 pmOn December 21, 2020, Congress passed legislation that would provide tax and direct spending relief for business and individuals affected... View Article
December 28, 2020 2:12 pmDear Clients and Colleagues, Last year’s Tax Cuts and Jobs Act (TCJA) of 2019 was the most sweeping tax reform... View Article
December 14, 2020 3:42 pmIn the original CARES act legislation, the intent was for the Paycheck Protection Program (PPP) forgiveness to be a non-taxable... View Article
November 23, 2020 10:01 amRecipients of Paycheck Protection Program (PPP) loans of $50,000 or less will be able to apply for forgiveness using a... View Article
October 28, 2020 2:57 pmIncluded in the massive CARE bill are several relief provisions for retirement accounts. The one that will affect most retirees... View Article
October 28, 2020 2:56 pmThe Federal Tax Cuts and Jobs Act of 2017 (“TCJA”), which was enacted at the near end of 2017, created... View Article
October 28, 2020 2:54 pmThe covered period is either the 24-week period beginning on the loan disbursement date or if the borrower received the... View Article
October 28, 2020 2:53 pmBorrowers may submit a loan forgiveness application any time before the maturity date of loan, which is either two or... View Article
October 28, 2020 2:50 pm