On Wednesday night (June 3rd), the Senate passed the Paycheck Protection Flexibility Act of 2020, which amends certain provisions of the Paycheck Protection Program section of the CARES Act. There…
The SBA’s PPP Loan Forgiveness Application released on May 15, 2022 (SBA Form 3508) identifies six different time periods relevant to the loan forgiveness process. The confusion has been understandable.…
The SBA’s Paycheck Protection Program Loan Forgiveness Application has been released by the SBA. It is eleven pages long and includes an Application Form, a Schedule A, a Schedule A…
While many taxpayers may not require professional help to prepare their tax return, those taxpayers with even a modestly complex tax situation can often benefit from professional help. These benefits…
Businesses have been receiving Paycheck Protection Program (PPP) loan proceeds over the last few weeks, and the focus has shifted from the application process to the particulars of loan forgiveness.…
Last month, the IRS extended the April 15th payment deadlines and filing deadline to July 15th. Since then, they have also clarified that the June 15th estimated payment deadline has…