Additional Guidance on Payroll Tax Deferral
Last Friday, the IRS issued guidance on the payroll tax deferral that President Trump signed in a presidential memorandum on […]
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Our Latest Blog Article
PPP Forgiveness Rules for Owners and Related Party Expenses
The Small Business Administration (SBA) along with Treasury issued additional guidance regarding who is considered an owner for a C […]
New FAQs for PPP Loan Forgiveness
On August 4, after several weeks of silence, the Small Business Administration (SBA) along with Treasury has issued a new […]
PPP Loan Forgiveness Tool Now Available Ahead of Final Guidance
The AICPA has officially launched its PPP Loan Forgiveness Tool (the Tool) which will assist borrowers with filling out the […]
SBA and Treasury Release Data on PPP Loan Recipients
On July 6, the Small Business Administration (SBA), in consultation with Treasury, released detailed loan-level data regarding the loans made […]
AICPA Makes Recommendations for Inclusion in Next Relief Bill
With Congress back in session this past Monday, the AICPA has issued recommendations for the next relief package, which is […]
News on the Paycheck Protection Program
Last evening the House passed the extension of the Paycheck Protection Program (PPP) which the Senate passed on Tuesday. The […]
Latest News from IRS, Treasury and Congress
The IRS and Treasury have announced that they do not intend to extend the July 15, 2020 filing deadline further. […]
New Guidance on Loan Forgiveness and SBA Loan Review Procedures
On June 22, the SBA issued the Loan Forgiveness Interim Final Rule (LF-IFR) and Loan Review Procedures Interim Final Rule […]
Revised PPP Loan Forgiveness Application and New EZ Form for Certain Borrowers
On June 17, the Small Business Administration (SBA) and Treasury released a revised Paycheck Protection Program (PPP) loan forgiveness application […]
Revised Application for PPP Loan
The SBA and Treasury have issued the new and revised Borrower Application for applying for a loan under the Paycheck […]