Paycheck Protection Program (PPP) Flexibility Act of 2020

Paycheck Protection Program (PPP) Flexibility Act of 2020

The Paycheck Protection Program (PPP) Flexibility Act of 2020 has been signed into law. Details of the act are in the article below, by Andy Medici of the Washington Business Journal.  The original article can be found here....
COVID-19 Relief for Estate and Gift Q&A from the I.R.S.

COVID-19 Relief for Estate and Gift Q&A from the I.R.S.

On April 23, 2020 the I.R.S. posted information on issues raised by the COVID-19 relief time extension granted to taxpayers to fulfill their estate, gift and generation-skipping tax obligations.  Below is are the questions and answers provided by the I.R.S..  The...
SBA and Treasury Release PPP Loan Forgiveness Details

SBA and Treasury Release PPP Loan Forgiveness Details

The SBA and Treasury have released Paycheck Protection Program Loan Forgiveness details. From an SBA email dated May 15, 2020: On Friday, May 15, 2020, the U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the...