The act increased many of the limits from the Tax Cuts and Jobs Act, and the IRS has offered more guidance.
The House voted Thursday to give small businesses financially strapped by the COVID-19 crisis more flexibility to spend forgivable loans for payrolls and expenses from the government’s popular Paycheck Protection Program.
The Federal Reserve Bank of Boston published details on the terms for lenders and borrowers to participate in the facility intended to provide coronavirus relief funds to middle-market firms.
Tosha Anderson of The Charity CFO shares the strategies that not-for-profit organizations are taking to weather COVID-19.
The release of the SBA's loan forgiveness application highlights the questions that remain around the Paycheck Protection Program.
The Treasury Department and the Small Business Administration released an interim final rule after posting the loan forgiveness application.
From more OICs and higher state taxes, to managing NOLs and the long-term ramifications of the PPP, experts advice predictions for practitioners.
A bipartisan group of lawmakers has introduced legislation to close a loophole in the CARES Act.
Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.
The Top 100 Firm has its eye on more COVID-19 solutions.