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Archives: May 2020

IRS: Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope

May 28, 2020
News from the IRS: IR-2020-105, May 27, 2020 WASHINGTON – As Economic Impact Payments continue to be successfully delivered, the Internal Revenue Service today reminds taxpayers that some payments are…

Paycheck Protection Program Update for 5/27/2020

May 27, 2020
The U.S. Small Business Administration (SBA) released additional guidance last Friday, 5/22/2020 in regards to the Paycheck Protection Program (PPP) loan forgiveness application.  While it provided some…

Paycheck Protection Program Update for 5/20/2020

May 20, 2020
PPP Loan Forgiveness Application Released On May 15th, The U.S. Department of Treasury’s Small Business Administration (SBA) finally released the Paycheck Protection Program (PPP) loan forgiveness application.…

Paycheck Protection Program Update for 5/14/2020

May 14, 2020
The Small Business Administration finally offered clarification yesterday, May 13, which provided an important safe harbor for the necessity certification in regards to PPP loans. They clarified that…

Paycheck Protection Program Update for 5/11/2020

May 11, 2020
While we are still waiting on additional guidance from the SBA in regards to the PPP loan forgiveness guidelines we came across this article from Forbes that we thought might be useful to you in the meantime:…