Article Update: As of June 5, 2020, the president signed the Paycheck Protection Program Flexibility Act into law. On June 4, 2020, the U.S. Senate passed the House version of a bill designed at...
On Friday, May 22, 2020, the Small Business Administration issued a pair of documents containing much-needed guidance for borrowers and lenders participating in the SBA’s Paycheck Protection Program...
UPDATE: The SBA has extended the grace period to May 14, 2020. All other aspects remain unchanged. The Paycheck Protection Program (PPP) is one of the most influential aspects of the CARES Act...
This article was co-authored by Collin Kanelakos, Partner, Assurance Services. So, you’ve submitted your SBA Paycheck Protection Program (PPP) application and you might have even received your loan...
Information continues to come from the U.S. Treasury and the U.S. Small Business Administration about much-needed relief for American small businesses. For a refresher on the key loan options...
When the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the Act), became law on March 27, 2020, it brought with it large-scale programs aimed at bolstering small businesses across the...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains immediate payroll tax relief for certain employers. Delaying payment of certain employer payroll taxes is not available to...
On Friday, March 27th, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (the Act) passed the U.S. House of Representatives and was signed into law by the president. The CARES Act is...