The Treasury was intended to release official instructions on PPP loan forgiveness 10 days after the CARES Act, which created the PPP, was passed. Instead, the agency has gradually sent out these instructions over several weeks. The government released SBA Form 3508, the official loan forgiveness ...
but in this piece, I’m focused on the $350 billion section known as Paycheck Protection Program or PPP (also know as the Small Business Interruption Loan in the Senate version of the bill).
While the PPP has been helpful for businesses, the tax implications associated with these loans have proved to be confusing for many business owners. After theCoronavirus Aid, Relief, and Economic Security (CARES) Actpassed in March 2020, the Small Business Administration (SBA) issued guidance tha...
000 to pay an existing electricity bill that had been invoiced. That $4,000 would be eligible to be used when determining the amount of the company’s forgiveness because payment was made during the Covered Period (even though the expenses were incurredbefor...
The Republican-controlled Senate is expected to vote on a standalone Paycheck Protection Program bill this week, but it’s likely to be blocked by House Democrats who want a sweeping economic aid package – even though there’s bipartisan support for extending the small business loans. Still, ...
Jun 8, 2021 — The LOTRO Reporter podcast, hosted by Chris and Bill, is the MMO ... Lotro graphics update Continue I love the game and I would like to play it ... Stacey Schultz 在lotro graphics update It will happen in the fourth quarter of 2021. In 2022, The Lord Of The ...
President Donald Trump on Sunday night signed into law the $900 billion COVID-19 relief bill passed Dec. 21 by Congress. Trump had said he would not sign the bill because he wanted $2,000 stimulus checks for individuals instead of the $600 in the legislation. His signature Sunday came ...