House Votes to Loosen Restrictions on PPP Loan Forgiveness

The House voted 417-1 to allow more flexibility for the Paycheck Protection Program loan forgiveness. The Senate is expected to vote on the bill next…

SBA Clarifies Rules for PPP Loan Forgiveness

The SBA has finally released the detailed PPP Loan Forgiveness Application.  You can find the SBA Application here. Below are some clarifications and…

SBA Publishes New Guidance Regarding Certifications of Necessity for PPP Loans

SBA Clarifies Today that Employers with Less Than 2 Million Will be Deemed to have Made a Good Faith Certification for the Necessity of the Loan.

Employee Retention Tax Credit FAQs

If you’re considering the Employee Retention Tax Credits under the CARES Act, we recommend reviewing the newly released FAQS from the IRS, specifically…

Paycheck Protection Program Loan Forgiveness: What to Know

By now, small businesses across the country have applied and are hopefully starting to receive their funds under the Paycheck Protection Program. This…

What to Do if an Employee Tests Positive for COVID-19

Whether you’re operating an essential business where employees are still showing up for work or managing a remote staff, the fact is there a very real…

IRS Clarifications Regarding Deferral of Employment Tax Deposits

Under the CARES Act, Employers are provided the ability to defer the deposit and payment of the employer’s share of social security tax payments that were…

Paycheck Protection Program Clarifications

The Treasury Department has released FAQs providing further clarification on Paycheck Protection Program loans. Please review this overview carefully to…

CARES Act Key Provisions for Small Business

On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act which includes many key provisions to…