SBA issues details for Paycheck Protection Program loans With the window opening today for small businesses to apply for $349 billion in Paycheck Protection Program loans, the Small Business Administration has released an interim final rule providing additional guidance and requirements for the program. The final rule includes a number of changes, including doubling of...
Category Archives: Business
The Department of Treasury has released the Paycheck Protection Program application and supplemental information, all available on their website. We strongly recommend that clients: Review all four documents listed under the “Assistance for Small Businesses” section; Pay special attention to the application and accompanying borrower guide; Contact your local banker to discuss the lender guide...
Dear Client: We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. In addition to the summary...
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) represents the third phase of Congress’s legislative efforts to address the financial and health care crisis resulting from the coronavirus (COVID-19) pandemic. In addition to providing relief to individuals and mustering forces to shore up the medical response, the CARES Act includes numerous provisions intended...
To our Valued Clients and Friends, We know you and your business are facing unprecedented challenges right now with the new coronavirus (COVID-19) and we are here to partner with you and help you understand the business, tax and payroll considerations. We will be hosting a free webinar for all clients to discuss the significant...
