Just in Time for the Holidays: COVID-19 Related Relief

On December 21, Congress passed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as other tax and health-related provisions. White House aides had indicated that President Trump would sign the massive...

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PPP Loans - Should I Apply For Loan Forgiveness Now Or Wait?

Recently the American Institute of Public Accountants issued 5 reasons borrowers shouldn't rush their PPP forgiveness applications. ...

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PPP Flexibility Act of 2020 Webcast

Are you wondering what the Paycheck Protection Program Flexibility Act of 2020 really means for you? In light of President Trump's recent action, signing into law a bill that alters key provisions of the U.S. Small Business...

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Two Recent Updates on COVID Relief Legislation

First, late yesterday, the US Senate by unanimous consent cleared the House-passed bill to extend the Paycheck Protection Program.  The bill, which is on the President’s desk for his expected signature will provide the following...

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SBA Releases the Payroll Protection Program Loan Forgiveness Application

The Small Business Administration recently released the long anticipated loan forgiveness application, including detailed instructions.  This application and instructions can be found at the link below.   The document provides additional...

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COVID-19 Tax Relief: TCJA Loss Limitation Rules Are Eased

COVID-19 Tax Relief: TCJA Loss Limitation Rules Are Eased   The Coronavirus Aid, Relief, and Economic Security (CARES) Act unwinds some of the tax-revenue-generating provisions included in a previous tax law....

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FAQs on New Paycheck Protection Program

FAQs on New Paycheck Protection Program   The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides financial relief to businesses and...

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Stay Afloat with Tax-Favored Coronavirus-Related Distributions

The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law by...

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Emergency Funding to Offset Coronavirus Impacts on Your Business

The following link is an article from the America Institute of Certified Public Accountants that we feel was well written and could be valuable to you as you consider the different emergency loan options available to you.  During this past week...

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Federal Tax Relief to Alleviate COVID-19 Hardships

The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled. Unemployment claims have skyrocketed. And many schools and businesses are operating online — if at all....

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