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PPP Changes Approved by Senate 6-4-20

Update – PPP Changes Approved by Senate  6-4-20 Yesterday, the Senate approved changes to PPP loan forgiveness as approved by the House last week. The bill still needs approval from the President. We will be providing further updates, but wanted to get this out...

Update – Paycheck Protection Program 3-31-2020

Update – Paycheck Protection Program 3-31-2020 Today, more information was released on the application process for the Paycheck Protection Program.  Please see attached PDFs and the link below.  The law indicates you calculate the loan on the 12 months prior to...

CARES Act – Individuals 3-28-20

CARES Act – Individuals Recovery Rebates          Eligible individuals are allowed a credit of $1,200 ($2,400 for joint filers), plus $500 for each qualifying child, for the first taxable year beginning in 2020. An eligible...

CARES Act – Business 03-28-20

CARES Act – Businesses Paycheck Protection Program (PPP) Loan Forgiveness Please see our website for a summary of this provision of the Act.  SBA- Emergency Injury Disaster Loan (EIDL) If you have applied for and received this loan, it can be refinanced as part...