The Child Tax Credit got a major overhaul as part of the American Rescue Plan Act of 2021. The new credit expands on the existing credit of $2,000 to provide families a total of up to $3,000 for...
The PPP program has been vital for many businesses. Although there was much confusion, we have worked to get through the origination phase and are preparing to work through the forgiveness phase....
SBA and the U.S. Treasury Department issued another interim final rule (IFR) on the Payment Protection Program, with specific items on the forgiveness of the loan. If you want to read...
Good news or bad news? Who knows, but at least we do now have the Paycheck Protection Program Forgiveness Application. While this is nice to have, I would be prepared for...
The SBA has now added a significant test to the Paycheck Protection Program for determining borrower eligibility in addition to the initial test of whether an applicant could certify the need for...