AICPA Survey Shows 56 Percent of Executives Sought PPP Loans
Some 56 percent of business executives said their companies had sought relief funds through the Paycheck Protection Program (PPP), a $660 billion initiative under the…
AICPA Encourages Small Businesses Apply For PPP Loans Thanks to Bipartisan PPP Flexibility Act
In reaction to today’s signing of the Paycheck Protection Program Flexibility Act, the American Institute of CPAs (AICPA) encouraged small businesses to apply for Paycheck Protection…
U.S. Postal Service Shifting International Air Mail to Sea Transport During COVID-19 – Update 6/5/2020
The U.S. Postal Service advised that it is shifting some international shipments from air transport to sea transport due to limited air cargo capacity resulting…
U.S. Postal Service Colorado Distribution Facility Faces Closure Order Due to Coronavirus Cases – Update
The Denver Department of Public Health and Environment (DDPHE) has ordered the closure of a U.S. Postal Service Processing and Distribution Center at 7550 E….
eBay Protects Seller Performance Standards Until July
eBay announced it is protecting sellers until July from adverse impacts due to the coronavirus crisis that may require sellers to ship items late or…
SBA Releases PPP Forgiveness Instructions – AICPA Says Questions Still Remain
The Treasury Department and Small Business Administration last night released a loan forgiveness application form for the CARES Act’s Paycheck Protection Program (PPP), which had…
U.S. Retail and Food Services Sales Crashed in April by Over 16 Percent
This morning, the U.S. Department of Commerce releases its estimates of sales in the retail and food services sector for April 2020. As expected, physical…
AICPA Offers Loan Forgiveness Calculator for SBA Paycheck Protection Program
The American Institute of CPAs (AICPA) has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under…
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…