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Payroll Protection Program: What Happens in the Long Run?
So, you’ve submitted your SBA Paycheck Protection Program – PPP – application and you might have even received your loan proceeds, but that does not mean there is nothing left to be done: It is critical for you to closely manage and account for your PPP loan proceeds,...
Second Round of PPP: What you Need to Know
Thanks to the CARES Act that was passed in late March of last year, the Paycheck Protection Program – or PPP – was established to help small business owners in the United States have the resources needed in order to maintain their payroll, hire back employees have...
IRS begins processing tax returns…
The Internal Revenue Service announced that the nation's tax season will start on Friday, February 12, 2021, when the tax agency will begin accepting and processing 2020 tax year returns. The February 12 start date for individual tax return filers allows the IRS time...
Paycheck Protection Program (PPP) Reopens
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) will re-open on January 11. Based on the SBA's article some of the key updates includes: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and...
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