Admin

Guidance on Calculating Maximum PPP Loan Amounts

On Friday, April 24, the Small Business Administration (SBA) released additional guidance regarding how various types of businesses should calculate...

Read More

IRS Updates FAQ on Employee Retention Credit

On April 29, the Internal Revenue Service (IRS) released a large expansion of their FAQ on the Employee Retention Credit (ERC).

Read More

Should You Return Your PPP Loan?

You have probably read in the news about the backlash that some public companies have experienced as a result of accepting loans through the Paycheck...

Read More

IRS Releases Notice Regarding Tax Deductions and PPP Loan Funds

On Thursday, April 30, the IRS released Notice 2020-32. The announcement effectively disallows a tax deduction for any expenses that are paid with...

Read More

Guidance on Calculating Maximum PPP Loan Amounts

On Friday, April 24, the Small Business Administration (SBA) released additional guidance regarding how various types of businesses should calculate...

Read More

Employee Retention Tax Credits and Your Business

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each...

Read More

Beware of Scammers During the COVID-19 Crisis

Tax season is always primetime for scammers to take advantage of unknowing victims. The COVID-19 outbreak makes the risk even higher. As part of the...

Read More

President Enacts $484 Billion Virus Aid Bill

On Friday, April 24, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law. The new aid bill boosting...

Read More

Achieving PPP Loan Forgiveness

Businesses that have managed to secure financing through the Paycheck Protection Program (PPP) are fortunate—but also saddled with a lot of red tape....

Read More

Small Business Funds from Virus Aid Package Are Dwindling

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each...

Read More