By Alan R. Sasserath, CPA, MS Several months have passed since a constant stream of critical PPP updates dominated our days. However, we are writing now because last week the Small Business Administration (“SBA”) released a notice that it will seek to obtain certain information from PPP loan borrowers whose PPP loan exceeds $2 million. […]
By George Batas It is difficult to believe that seven months have passed since the Paycheck Protection Program (PPP) started dominating the national business conversation. Yesterday, the U.S. Small Business Administration released a simpler loan forgiveness application for PPP loans of $50,000 or less. The new application is intended to help streamline the PPP forgiveness […]
By Alan R. Sasserath, CPA, MS; Michael D. O’Brien, EA; and Richard Weber; CA March 2012 Vol. 3 No. 3 The Tax Stringer – The global economy has produced a growing need for individuals flexible enough to work outside of their home countries, especially among companies with operations in both Canada and the United States. […]
“You must never confuse faith that you will prevail in the end – which you can never afford to lose – with discipline to confront the most brutal facts of your current reality, whatever they might be.” – Admiral Jim Stockdale Admiral Stockdale was the highest-ranking U.S. military officer in the “Hanoi Hilton” prisoner-of-war (“POW”) […]
Late yesterday, the Senate passed the House version of the Paycheck Protection Flexibility Act (“PPFA”), adjusting some of the rules under the Paycheck Protection Program (“PPP”). The bill will now go to President Trump, who is expected to sign it. Like much of the guidance that has been issued by the Treasury since the PPP was originally […]
We hope you are all well and getting back up and running in a safe manner. As you know, there is more to this pandemic than the Paycheck Protection Program (“PPP”). Things have been and continue to change rapidly. If you are not ahead of the curve, you are behind. Keep vigilant. In late March […]