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…
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…
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…
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 IRS confirmed in a tweet today that the first round of economic impact payments has been sent by direct deposit to individuals and families….
The $2.2 Trillion CARES Act includes a provision for small businesses to receive up to $2 million in an Economic Injury Disaster Loan (EIDL) from…
The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households…
With the coronavirus stimulus packages passed in Washington, scammers and fraudsters see an opportunity to take advantage of people trying to make ends meet or…
The SBA Paycheck Protection Program (PPP) that is part of the $2.2 trillion coronavirus relief legislation (CARES Act) may run out of money before many…
The U.S. Federal Reserve announced Monday afternoon it will establish a facility to facilitate lending to small businesses via the Small Business Administration’s Paycheck Protection…
With great urgency and speed, Congress and the Administration passed a $2 trillion coronavirus stimulus bill (CARES Act). It includes about $350 billion in SBA…