SBA PPP LOAN FORGIVENESS RULES PPP Questions and Answers: What Lenders and Borrowers Need to Know About Deferral Period Extensions and Promissory Notes The Paycheck Protection Program (PPP) was included…
…account for any PPP loans as debt, in accordance with Accounting Standards Codification (ASC) 470, Debt. Under this treatment, entities would record the PPP loan as a debt liability, accruing…
SBA PPP LOAN FORGIVENESS RULES Firm managing partner explains the need for Paycheck Protection Program (PPP) reform and the burden of the program on businesses with Richmond Times-Dispatch Keiter Managing…
SBA PPP LOAN FORGIVENESS RULES SBA Form 3508S Streamlines Forgiveness Process for Paycheck Protection Program Loans Under $50,000 On October 8, 2020, Treasury released its latest Interim Final Rule with…
SBA PPP LOAN FORGIVENESS RULES By Scott Zickefoose, CPA, CM&AA, Tax Senior Manager SBA and U.S. Treasury Release Additional Paycheck Protection Program Guidance for Borrowers The Small Business Administration (SBA)…
SBA PPP LOAN FORGIVENESS RULES New IRS Revenue Ruling 2020-27: Important Tax Details for Paycheck Protection Program Loan Recipients On November 18, 2020, the Internal Revenue Service (IRS) issued Revenue…
…and provide sound advice. Has your business received a PPP Loan? What Small Businesses Need to Know About the Second Round of Paycheck Protection Program Funds A second round of…
…Program (PPP) Loan Forgiveness application and instructions. The form, and accompanying instructions, provide borrowers with answers to common questions around the PPP loan forgiveness provisions. Matt Austin, Managing Director, Keiter…
SBA PPP LOAN FORGIVENESS RULES Tax Senior Manager Offers Insights to Business Owners on When to Apply for Paycheck Protection Program (PPP) Loan Forgiveness with RTD Tax Senior Manager Scott…
…Additional PPP and CAA Informational Resources Congress Passes Second COVID-19 Relief Package Keiter Webinar-PPP Funding 2.0: What Small Businesses Need to Know Overview of CAA 2021 Tax Provisions for Businesses…
Hosted: May 19, 2020 Matt Austin, Managing Director, Keiter Advisors and Scott Zickefoose, Tax Senior Manager, explore the new provisions and clarifications contained within new application and instructions….
…first round of PPP funds were exhausted. The question hinges on whether or not large companies can properly certify the need for the PPP. In its response to FAQ 31,…