PPP loans were authorized to assist small businesses adversely affected by the COVID-19 pandemic. With new guidance from the IRS, taxpayers may be able to amend their 2020 tax returns to take advantage of the Revenue Procedures.
Tag: loan forgiveness
Latest PPP FAQ Document Provides Clarity on Some Aspects of Forgiveness
The Small Business Administration (SBA) and Treasury released an updated Paycheck Protection Program (PPP) FAQ on Aug. 4 in an effort to address PPP loan forgiveness issues that have arisen as borrowers begin to complete their applications. The 23 FAQs address various aspects of PPP forgiveness including general loan forgiveness, payroll costs, non-payroll costs, and[ … ]
Webinar Recording: Updates on Paycheck Protection Program Loan Forgiveness
BeachFleischman’s CariAnn Todd joined Arizona Commerce Authority’s recent webinar – Arizona Small Business Boot Camp & Resource Collective Session #32.
Webinar Recording: Navigating the New Guidance on PPP Forgiveness
BeachFleischman’s CariAnn Todd joined Arizona Commerce Authority’s recent webinar – Arizona Small Business Boot Camp & Resource Collective Session #23.
Paycheck Protection Program (PPP) Loan Forgiveness Assistance Now Available
If your business has received an SBA Paycheck Protection Program (PPP) loan, now is the time to begin planning how you will allocate and document your spending over the relevant covered period to ensure you receive the maximum loan forgiveness. Work with our PPP Loan Task Force We have designed flat-fee consulting packages to help[ … ]
Best Practices for Organizing the PPP Loan Accounting Process
I received my Paycheck Protection Program Loan. Now what do I do? Many of our clients have received their Paycheck Protection Program (PPP) Loan and are asking us for procedures on accounting for the loan, maintaining the documentation, and navigating all the related twists and turns involved with the program’s requirements and ultimate loan forgiveness.[ … ]
