The following is an article published by Grant Thornton LLP on August 19, 2021. Do you qualify for the employee retention credit (ERC) of up to $7,000 per employee per quarter ($28,000 per employee for 2021)? If you qualified for PPP Round 2, the answer
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on July 28, 2021. Apply for PPP loan forgiveness directly with SBA. Lenders are no longer required intermediaries. Read the article here. The U.S. Small Business Administration (SBA) published
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on March 30, 2021. While the deadline for PPP Round 2 applications was extended to May 31st, the AICPA town hall series addressed the expectation that available funding may
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on March 3, 2021. Self-employed individuals who file Schedule C may use gross income instead of net income when applying for PPP loans, either first or
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on February 22, 2021. For the next two weeks, PPP (Round 2) is available ONLY for businesses with fewer than 20 employees. The final deadline to
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on January 9, 2021. Eligible first-time PPP borrowers may apply as early as Monday, January 11th, and eligible second-time borrowers may apply as early as Wednesday,
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on December 21, 2020. The House of Representatives on Monday passed a $900 billion COVID-19 relief bill that provides $600 stimulus payments to individuals, adds $300 to extended weekly unemployment benefits,
The following is an article by LJ Suzuki published in CFOshare on December 10, 2020. Do you qualify for a second round of PPP, and are you ready to apply? Read the article here. Wondering what small business stimulus will pass in the next round
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on November 18, 2020. Regulators raise concerns about PPP Loan Necessity Questionnaire, the new Forms 3509 and 3510. Review these forms on our Resources page. Read the full
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on November 6, 2020. The SBA issues Loan Necessity Questionnaires to lenders, and lenders forward the form to borrowers. Any PPP borrower may receive the request,
The following is an article published by Grant Thornton LLP on August 19, 2021. Do you qualify for the employee retention credit (ERC) of up
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on July 28, 2021. Apply for PPP loan forgiveness
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on March 30, 2021. While the deadline for PPP
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on March 3, 2021. Self-employed individuals
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on February 22, 2021. For the
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on January 9, 2021. Eligible first-time
The following is an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on December 21, 2020. The House of Representatives on
The following is an article by LJ Suzuki published in CFOshare on December 10, 2020. Do you qualify for a second round of PPP, and
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on November 18, 2020. Regulators raise
The following is an excerpt from an article by Jeff Drew, Senior Editor, published in the Journal of Accountancy on November 6, 2020. The SBA
