PPP Updates
Here are the latest updates regarding the second round of PPP funding.
PPP Zoom Workshop – January 19 at 10am
Please join us January 19 at 10am for a virtual Zoom workshop to discuss the Payroll Protection Program.
No 1099-Cs Issued for PPP Loan Forgiveness
The IRS recently notified lenders that they should not file “cancellation-of-debt” information returns or furnish payee statements to borrowers. Section 6050P of the Internal Revenue Code [...]
PPP Application Period Extended
The Paycheck Protection Program (PPP) application window has been extended until August 8.
PPP Loan Forgiveness Flexibility
House Bill 7010 titled the Paycheck Protection Program Flexibility Act of 2020 was signed into law on Friday, June 5, 2020. This bill provides changes to the PPP loan forgiveness process in an [...]
SBA Application for PPP Loans
The IRS recently released the PPP loan forgiveness application and detailed instructions for the application.
