Back to News Updated PPP Loan Forgiveness Applications and Rules Unveiled The Small Business Administration and the Treasury Department have released updated Paycheck Protection Program loan-forgiveness guidance and forms, including…
Back to News Guidance Issued for PPP First-Draw Loan Increases, Reapplications Procedural guidance from the Small Business Administration outlines processes Paycheck Protection Program borrowers and lenders must follow to reapply…
Back to News New PPP Guidance Issued by SBA, Treasury The US Small Business Administration and Department of Treasury released guidance Wednesday night, January 6, for the revived and reconstituted…
Back to News COVID-19 Relief Bill Addresses Key PPP Issues The $900 billion coronavirus relief package passed by Congress provides $284 billion for a revised Paycheck Protection Program and clarifies…
Back to News AICPA and Trade Associations Ask Congress to Fix PPP Loan Deductibility In a letter to Congress dated Thursday, December 3, hundreds of national trade associations and their…
Back to News Expenses Used for PPP Loan Forgiveness: Deductible or Not? Two experts look at the issue of deductibility of expenses paid with Paycheck Protection Program loan funds and…
Back to News IRS Doubles Down on Nondeductibility of PPP-Funded Expenses The Internal Revenue Service has issued guidance for taxpayers who pay otherwise deductible expenses with Paycheck Protection Program loan…
Back to News How PPP Forgiveness Could Impact Taxes and Financial Reporting Paycheck Protection Program (PPP) loan forgiveness and its tax and financial reporting implications are steeped in uncertainty. The…
Back to News Transition to Working Remotely Dear Valued Clients and Friends, With Governor Inslee’s November 15th update to the Washington Stay at Home order, our offices will remain open only…
Back to News SBA Settles Confusion Over PPP Forgiveness Application Due Date The Small Business Administration has released guidance that confirms Paycheck Protection Program loan-forgiveness applications are not due Oct.…
