Back to News SBA Clarifies Deferral Period for PPP Loan Payments The Small Business Administration has released guidance clarifying that lenders must recognize the previously established extended deferral period for…

Back to News PPP Forgiveness Simplified for Loans of $50,000 Or Less Paycheck Protection Program borrowers of $50,000 or less have an opportunity to apply for forgiveness using a simplified…

Back to News Lenders Will Not File Form 1099-C For Forgiven PPP Loans The Internal Revenue Service issued guidance on Tuesday telling lenders they should not file Form 1099-C, Cancellation…

Back to News New PPP Forgiveness Guidance Addresses Owner-Employee Compensation, Rent-Related Costs The US Small Business Administration and Treasury published an interim final rule Monday, August 24, that provides clarity…

Back to News New FAQs Address PPP Loan Forgiveness Issues The US Small Business Administration and Treasury published guidance Tuesday, August 4 answering 23 frequently asked questions related to the…

Back to News PPP and Pandemic-Related Tips for Not-for-Profits Not-for-profits face challenges related to funding, operations and strategy as a result of the coronavirus pandemic. These tips can resolve issues…

Back to News PPP Forgiveness: No Need to Rush, and Other Tips Borrowers and their CPA advisers might be eager to move ahead with the Paycheck Protection Program forgiveness process,…

Back to News President Signs 5-Week PPP Extension President Donald Trump has signed a bill to reopen the application window for Paycheck Protection Program loans until Aug. 8. The five-week…

Back to News PPP Recipients Can Apply Early for Loan Forgiveness, SBA Says An interim final rule from the Small Business Administration says businesses and other recipients of Paycheck Protection…