Stimulus Bill Outlook Unclear

October 22, 2020

Earlier this week, the Senate failed to pass a standalone measure authorizing a second round of PPP forgivable loans to small businesses.

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PPP Forgiveness Application Simplified

October 9, 2020

On Thursday, Oct. 8, the Treasury Department and the U.S. Small Business Administration (SBA) unveiled a new, simplified Paycheck Protection Program (PPP) loan forgiveness application for loans worth $50,000 or less. They also announced a new exemption for the same group of borrowers so they wouldn’t have to reduce their...

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States Could Tax PPP Funds

September 30, 2020

The tax treatment of PPP loans continues to be a concern with, some states now saying they plan to tax forgiven PPP funds.

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Phase Four Stimulus Stalled

August 5, 2020

While talks over the next coronavirus relief package remain at a standstill, negotiators have generally agreed on two items: another round of stimulus checks and an extension to PPP.

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