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The IRS Just Put a Monkey Wrench Into PPP Loans
Business

The IRS Just Put a Monkey Wrench Into PPP Loans

ByRichard Meldner May 2, 2020May 2, 2020

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
Business

AICPA Demands Treasury and SBA Urgently Provide PPP Loan Forgiveness Calculation Guidance

ByNewswire May 1, 2020

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
Business

Community Banks Moved Ahead of The Line For SBA PPP Funding This Evening

ByRichard Meldner April 29, 2020

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
Business

AICPA Recommendations How to Receive Loan Forgiveness Under Payroll Protection Program

ByNewswire April 29, 2020

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
Business

American Institute of CPAs Suggests Federal Reserve Provide Loans on Receivables

ByNewswire April 28, 2020April 28, 2020

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
Business

How Small eBay & Etsy Sellers, Uber & Lyft Drivers, and Gig Workers Can Get $1,000 From The SBA

ByRichard Meldner April 27, 2020

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
Business

The SBA Paycheck Protection Program Round 2 Starts Today Monday April 27

ByRichard Meldner April 27, 2020

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…

Survey Claims Only 8% of Small Businesses Owners Received Money From CARES Act
Business

Survey Claims Only 8% of Small Businesses Owners Received Money From CARES Act

ByNewswire April 22, 2020

A survey conducted by Alignable, a four million-member strong small business referral network, claims that only 8% of small business owners have seen any money…

Law Firm Files Class Action Lawsuits Against Biggest Banks for Alleged PPP Loan Deception
Business

Law Firm Files Class Action Lawsuits Against Biggest Banks for Alleged PPP Loan Deception

ByRichard Meldner April 21, 2020

Consumer attorneys with Stalwart Law Group have filed four class-action lawsuits in California federal court on behalf of small business owners after four major banks…

The Importance of Managing Backend Ecommerce Operations During COVID-19
Business

The Importance of Managing Backend Ecommerce Operations During COVID-19

ByAmit Mathradas April 20, 2020January 19, 2021

Stay-at-home orders across the U.S. have radically changed how consumers think and go about shopping for essential and non-essential items. For many consumers, online shopping…

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