by Editorial Staff | Jan 12, 2021 | Coronavirus (COVID-19), Paycheck Protection Program, Small Business Administration
On January 8th, 2021, the Small Business Administration (SBA) made an announcement regarding updates to the Paycheck Protection Program (PPP). The U.S. Department of the Treasury also consulted on the press release. The final version of the Consolidated Appropriations...
by Editorial Staff | Jan 4, 2021 | Coronavirus (COVID-19), Paycheck Protection Program, Small Business Administration
The Consolidated Appropriations Act of 2021 (CAA) generally provides annual funding for the federal government. Additionally, this year, the CAA contains several important rules concerning COVID-19 relief. For example, these rules include revisions to the Paycheck...
by Editorial Staff | Nov 23, 2020 | Coronavirus (COVID-19), Familes First Coronavirus Response Act (FFCRA), IRS, Paycheck Protection Program, Uncategorized
On November 18th, 2020, the Internal Revenue Service (IRS) issued additional guidance on Paycheck Protection Program (PPP) loans. Created in conjunction with the Treasury Department (Treasury), the guidance addresses the tax treatment of PPP expenses. More...
by Editorial Staff | Oct 14, 2020 | Coronavirus (COVID-19), Paycheck Protection Program, Small Business Administration
Last Updated October 21st, 2020 Under new Small Business Administration (SBA) guidance, certain Paycheck Protection Program (PPP) borrowers might face new requirements. Earlier this month, the SBA released a Procedural Notice (Notice) that provides information...
