List of Banks Accepting SBA Paycheck Protection Program Loans – Update 1/13/2021
PPP Loan Update: (1/13/2021) SBA, in consultation with the U.S. Treasury Department, opened up the Paycheck Protection Program loan portal on Monday, January 11, 2021…
Small Business Advocates Frustrated by Lack of Clear Guidance on PPP Loan Forgiveness
The American Institute of CPAs (AICPA), National Federation of Independent Business (NFIB), the S Corporation Association (S-CORP) and four other small business advocates issued the…
The IRS Just Put a Monkey Wrench Into PPP Loans
The IRS issued Notice 2020-32, which “provides guidance regarding the deductibility for Federal income tax purposes of certain otherwise deductible expenses incurred in a taxpayer’s…
AICPA Demands Treasury and SBA Urgently Provide PPP Loan Forgiveness Calculation Guidance
The American Institute of CPAs (AICPA) renewed its urgent call for critical guidance on Paycheck Protection Program (PPP) loan forgiveness calculations. The nation’s 44,000 CPA…
Community Banks Moved Ahead of The Line For SBA PPP Funding This Evening
Small businesses working with small community lenders moved ahead of the line this evening for about 8 hours in the SBA Payroll Protection Program (PPP)…
AICPA Recommendations How to Receive Loan Forgiveness Under Payroll Protection Program
The SBA Payroll Protection Program (PPP) has many moving parts and some details keep getting tweaked. The primary benefit for many small business owners is…
American Institute of CPAs Suggests Federal Reserve Provide Loans on Receivables
The American Institute of C.P.A.s (AICPA) has called for the Federal Reserve to create a federally backed, short-term accounts receivable lending facility that would allow…
How Small eBay & Etsy Sellers, Uber & Lyft Drivers, and Gig Workers Can Get $1,000 From The SBA
With the SBA receiving additional funding last week for various small business programs, much of the focus has been on the Paycheck Protection Program loans….
The SBA Paycheck Protection Program Round 2 Starts Today Monday April 27
Last week, Congress and the President approved an additional $310 billion for the SBA Paycheck Protection Program (PPP) as part of a $480 billion in…
How to Keep Track of Your Ecommerce Business Expenses
It’s not a secret that the key to a successful business lies in effective management. Many businesses have grown and died out because of the…