Following weeks of speculation and negotiations, the Senate released its latest coronavirus relief package on Monday, July 27, 2020. Dubbed the “HEALS Act”, this $1 trillion GOP economic and stimulus…
read moreOur July 7 article, “Net Investment Income (III) Tax Protective Refund Claims”, discussed the potential filing of protective claims for the 2016 tax year. Based on questions we have received…
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The Federal Reserve has recently announced that the Main Street Lending Program is now available for non-profit organizations seeking COVID-19 relief. On July 17, 2020, final terms were released for…
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The U.S. Department of Health and Human Services (HHS) recently announced it will now allow dentists and other dental providers to apply for relief from the Public Health and Social…
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On July 4, 2020, a five-week extension of the Paycheck Protection Program (PPP) was officially passed, extending the application deadline to August 8 (previously set to close on June 30). …
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On June 22, 2020, the Small Business Administration (SBA) issued its latest Interim Final Rule, providing borrowers and lenders with additional guidance surrounding the Paycheck Protection Program (PPP) loan forgiveness…
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On Monday, June 15, the Federal Reserve officially launched the Main Street Lending Program, a series of loan facilities aimed at supporting small to medium sized businesses combating the coronavirus…
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The swift passage of the Paycheck Protection Program Flexibility Act (PPP Flexibility Act) of 2020 has brought welcome relief to borrowers who may be nearing the end of the 8-week…
read more The Small Business Administration (SBA) issued two Interim Final Rules on Friday, May 22, 2020.
read moreThe Financial Accounting Standards Board (FASB) voted on Wednesday, May 20th, to delay the effective date of the revenue recognition and leases standards for certain entities. An Accounting Standards Update…
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