The latest round of Paycheck Protection Program (PPP) funding opened just one month ago. Compared to the same point in the Program last year: The share of funding going to small businesses with fewer than ten employees is up nearly
Did you miss out on the first two opportunities to receive your tax-free Paycheck Protection Program (PPP) cash? Many did miss out. Why? One reason: the word “loan.” Who wants a loan? No one. Well, almost no one. But who
The SBA and the Treasury have announced that they will re-open applications for PPP Loans. PPP loans are low-interest loans provided through SBA-approved lenders and can only be used for payroll and other approved expenses. PPP loans that are used
The Treasury Department and the IRS issued guidance allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program (PPP). Revenue
The Paycheck Protection Program (PPP) has been a critical lifeline for businesses across the country. However, even if your PPP loan will be forgiven, there is no free lunch. The forgiveness application process is complex, with exacting requirements that are difficult to navigate. The Small Business Administration (SBA) requires that every penny of your loan