Tag: economic relief

Procedures for Change of Ownership for PPP Borrowers
With PPP Extension, Borrowers Should Revisit Guidelines for Ownership Changes

The SBA issued a Procedural Notice to address required procedures for changes of ownership related…

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Deadline Extended for PPP Loan Applications

The U.S. Senate passed legislation that provides a 60-day extension for eligible employers to apply…

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American Rescue Plan Act
What Individuals Need to Know About the American Rescue Plan Act

The American Rescue Plan Act of 2021 provides additional relief to individuals that continue to…

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COVID Relief Package
Comprehensive COVID-19 Relief Package Enacted

The latest COVID-19 relief package provides relief to individuals and small businesses, including updates to…

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Employee Retention Credit FAQs Released for 2020 Claims

IRS issued new FAQs describing retroactive changes to the ERC under the new law for…

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GYMS Act Could Offer Relief to Struggling Fitness Businesses
Proposed Relief Would Aid Fitness Businesses Impacted by COVID-19

The Gym Mitigation and Survival Act (GYMS Act) would award grants to gyms and fitness…

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Individual Impact of Recent Stimulus Bill
Individual Tax Impacts of the Consolidated Appropriations Act

The Consolidated Appropriations Act, 2021, is a COVID-relief package that includes a number of provisions…

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Paycheck Protection Program
PPP Round 2: Key Details & Loan Eligibility Requirements

New PPP funding is available for businesses impacted by COVID-19. Here is a summary of…

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Employee Retention Credit Expansion
New Stimulus Bill Package Extends and Expands Employee Retention Credit

The Consolidated Appropriations Act of 2021 (Act), signed into law on December 27, 2020, contains significant enhancements…

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MA Small Business Relief
New Grants Available for Massachusetts Small Businesses

Massachusetts Governor Charlie Baker announced a new state grant program last week to offer financial…

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