On June 3, 2020, Congress passed the Paycheck Protection Flexibility Act of 2020 (the Act). The Act eases restrictions on Paycheck Protection Program (PPP) loans and gives business owners more flexibility in spending loan...more
On May 22, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury published its Paycheck Protection Program (PPP) Loan Forgiveness Rules and Loan Review Procedures and Related Borrower and...more
On May 16, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury published its Paycheck Protection Program (PPP) Loan Forgiveness Application. Additionally, the Treasury Department stated...more
On April 23, 2020 and April 28, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury posted additional guidance on eligibility for the Paycheck Protection Program (PPP) by updating its...more
Originally published March 27,2020 – Last updated April 27,2020
The Novel Coronavirus (COVID-19) pandemic has swiftly and significantly unsettled key sectors of the U.S. economy, impacted the viability of many businesses and...more
4/29/2020
/ Business Taxes ,
CARES Act ,
Coronavirus/COVID-19 ,
Family and Medical Leave Act (FMLA) ,
Federal Loans ,
Financial Stimulus ,
General-Business ,
Income Taxes ,
Paid Sick Leave Act ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
Retirement Funds ,
Small Business ,
Student Loans ,
Tax Relief ,
Unemployment Benefits
On March 31, 2020, the U.S. Department of the Treasury and the U.S. Small Business Administration (SBA) released a summary of the Paycheck Protection Program (PPP), which was enacted into law as part of the CARES Act. On...more
The Novel Coronavirus (COVID-19) pandemic has swiftly and significantly unsettled key sectors of the U.S. economy, impacted the viability of many businesses and affected the financial health of millions of Americans. In...more
3/30/2020
/ Business Taxes ,
CARES Act ,
Coronavirus/COVID-19 ,
Family and Medical Leave Act (FMLA) ,
Federal Loans ,
Financial Stimulus ,
Income Taxes ,
Paid Sick Leave Act ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Retirement Funds ,
Small Business ,
Student Loans ,
Tax Relief ,
Unemployment Benefits