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 […]
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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 […]
First Guidance from Treasury and SBA Regarding New PPP Flexibility Act
On Friday, June 5, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (PPPFA). Yesterday, in […]
Senate Passes PPP Flexibility Act without Changes to House Version
Yesterday evening the Senate unanimously passed the Payroll Protection Program Flexibility Act of 2020 (H.R. 7010), with no changes to […]
House Passes Paycheck Protection Flexibility Act of 2020
On May 28, the House passed the Paycheck Protection Flexibility Act of 2020 (H.R. 7010), which is a small, focused […]
House to vote on changes to PPP extending 8 week covered period
On Thursday, May 28, the House and the Senate are expected to vote on their versions of a bill which […]
House to Vote Next Week on a New Bill with Significant Changes to PPP
The Democratic-controlled House has plans to vote next week on a new bill called the Paycheck Protection Flexibility Act (H.R. […]
AICPA Releases PPP Loan Forgiveness Calculator
The American Institute of CPAs (AICPA) released their updated version of a loan forgiveness calculator on May 18, 2020 for […]