COVID-19

SBA and Treasury Issue Guidance for First Draw and Second Draw PPP Borrowers

SBA and Treasury Issue Guidance for First Draw and Second Draw PPP Borrowers 400 400 SAX - Advisory, Audit and Accounting

With the recent re-opening of the Paycheck Protection Program (PPP) portals for all borrowers, the Small Business Administration (SBA), in conjunction with the U.S. Treasury Department, has been busy issuing…

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SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM

SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM 400 400 SAX - Advisory, Audit and Accounting

On January 6, 2021, the Small Business Administration (SBA) and U.S. Department of Treasury issued two Interim Final Rules (IFRs) surrounding the Paycheck Protection Program (PPP).  The IFRs include the…

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SBA Extends EIDL Program to December 31, 2021

SBA Extends EIDL Program to December 31, 2021 400 400 SAX - Advisory, Audit and Accounting

On December 30, 2020, the Small Business Administration (SBA) extended the deadline to apply for Economic Injury Disaster Loans (EIDLs) from December 31, 2020 to December 31, 2021, pending the…

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The Current Status of the New Stimulus Package – The Consolidated Appropriations Act, 2021

The Current Status of the New Stimulus Package – The Consolidated Appropriations Act, 2021 400 400 SAX - Advisory, Audit and Accounting

After months of negotiations, Congress reached an agreement for a new round of relief for the ongoing COVID-19 pandemic.  In addition to the enhancements made to the Paycheck Protection Program…

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WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH

WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, we invite you to watch our webinar discussion that focused on the 2021 Dental Market.  Our expert speakers provided insights on emerging trends in Dental…

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IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses

IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses 400 400 SAX - Advisory, Audit and Accounting

While not the news borrowers were hoping for, on November 18, 2020, the Internal Revenue Service issued Rev. Rul. 2020-27 and Rev. Proc. 2020-51 to provide clarity in situations where…

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WATCH THE CFO FOCUS: YEAR-END TAX UPDATE – STRENGTHENING YOUR TAX POSITION & OVERALL BUSINESS NOW AND FOR 2021

WATCH THE CFO FOCUS: YEAR-END TAX UPDATE – STRENGTHENING YOUR TAX POSITION & OVERALL BUSINESS NOW AND FOR 2021 400 400 SAX - Advisory, Audit and Accounting

Navigating our business terrain this year has been difficult as policies were fluid and uncertainties mounted.  To take control of our success moving forward, we must stay up to date…

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Governor Murphy Announces Additional $60M in COVID-19 Relief for Businesses

Governor Murphy Announces Additional $60M in COVID-19 Relief for Businesses 400 400 SAX - Advisory, Audit and Accounting

On Tuesday, October 13, New Jersey Governor Phil Murphy made $100 million in relief available from the state’s $2.3 billion in CARES Act funding for businesses hit hard by the…

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Breaking Pandemic News – Insights from the Frontlines

Breaking Pandemic News – Insights from the Frontlines 400 400 SAX - Advisory, Audit and Accounting

With breaking news unfolding on the second wave of the pandemic and vaccines in the works, we invite you to watch Sax’s very timely webinar with our esteemed speakers, Kevin…

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SBA IS SEEKING COMMENTS ON PROPOSED COLLECTION OF INFORMATION FOR PPP BORROWERS WITH LOANS OVER $2 MILLION

SBA IS SEEKING COMMENTS ON PROPOSED COLLECTION OF INFORMATION FOR PPP BORROWERS WITH LOANS OVER $2 MILLION 400 400 SAX - Advisory, Audit and Accounting

The SBA notice is seeking approval from the Office of Management and Budget for the information collection and allowing all interested members of the public an additional 30 days to provide comments on the proposed collection of information.   The deadline to submit comments is November 25, 2020.

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SAX - Advisory, Audit and Accounting