Tag: paycheck protection program

Employee Retention Credit FAQ
FAQ Updates for Employee Retention Credit & Payroll Tax Deferrals

The IRS recently updated its frequently asked questions (FAQs) on the Employee Retention Credit (ERC)…

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PPP Borrowers: Five Steps
Five Things PPP Borrowers Need to Do Now

Borrowers of PPP loans should consider taking the following steps to maximize the amount and…

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Simplified Paycheck Protection Loan Forgiveness
Paycheck Protection Program Loan Forgiveness Simplified

Many small and midsize businesses with Paycheck Protection Program (PPP) loans under the CARES Act…

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Signing Document
Changes Coming to PPP Loan Periods & Forgiveness

A new PPP bill is expected to pass that will extend covered periods and forgiveness…

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PPP Loan Considerations
PPP Loan Considerations and Accounting-Related Issues

Unforeseen consequences may result should companies fail to ensure eligibility under PPP, properly calculate eligible…

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CARES Act Deductions for PPP Expenditures
IRS Clarifies Tax Deduction Eligibility for PPP Expenditures

IRS issued guidance regarding the deductibility for federal income tax purposes of certain otherwise deductible…

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Federal Relief Programs for Businesses
Summary of Federal Relief Available to Businesses of All Sizes

Federal relief available to small, mid-size and large businesses due to COVID-19, including the CARES…

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Government Assistance Programs
Leveraging COVID-19 Relief Opportunities: Ready for Scrutiny?

There are critical considerations to ensure government assistance is viable and worthwhile for your organization,…

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Accounting for PPP Loans
Accounting for Paycheck Protection Program (PPP) Loans and Forgiveness

Currently, there is no formal guidance that states how businesses should account for PPP loan…

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Paycheck Protection Program
PPP Loans: Updates, Insights & Planning Ideas

In anticipation of impending loan forgiveness guidance, we thought this would be a good time…

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