Tag: economic relief

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…

Read More
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…

Read More
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…

Read More
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…

Read More
COVID Relief Bill
Congress Passes COVID Relief Bill, Includes PPP Update, ERC Extension & More

Congress passed the Consolidated Appropriations Act of 2021, which includes an extension & expansion of…

Read More
New PPP Funding Coming + Tax Deductibility
PPP2 Bill Passes, Will Allow Tax Deductibility of Loan Expenses

Congress passed a COVID relief bill that includes an extension of the PPP program and…

Read More
PPP Tax Deductibility
IRS Clarifies Tax Deductibility of PPP Expenses

The IRS and Treasury issued an update clarifying the tax deductibility of expenses related to…

Read More
Healthcare Signs of Distress
Signs You May Need to Restructure Your Healthcare Organization

As healthcare organizations focus on maintaining operations in the thick of the recession, they —…

Read More
PPP Loan Necessity Questionnaire
SBA Sending ‘Loan Necessity’ Questionnaires to PPP Borrowers

PPP borrowers should be on the lookout for a ‘loan necessity’ questionnaire from their lenders,…

Read More
Procedures for Change of Ownership for PPP Borrowers
SBA Releases Guidance Regarding Ownership Changes Among PPP Borrowers

On October 2, the SBA issued a Procedural Notice to address required procedures for changes…

Read More