An article by Alan Gassman was published in Forbes on November 2, 2020. Read the full article here. The Main Street New Loan Facility Program was established as a part of the CARES Act earlier this year to provide banks with a 95% guaranteed re-payment
An article by Storme Sixeas, Tax Policy Group, Deloitte Tax, LLP, was published in Deloitte Tax News & Views, Capitol Hill briefing, on October 30, 2020. Congressional stalemate yields zero progress for stimulus. [Or … PPP=Practice Patience Please]. Read the full article here. Even though
The following is an excerpt from an article by Ken Tysiac, Editorial Director, published in the Journal of Accountancy on October 9, 2020. The SBA issued a new forgiveness form 3508S for loans less than $50,000, exempting those borrowers from employee and wage reductions. The
An article by Jeff Drew, Senior Editor, was published in the Journal of Accountancy on October 9, 2020. To summarize, the SBA automatically extended the repayment date for all PPP loans. The article follows in its entirety. Read the full article here. The US Small
An article by Alex Brosseau, Michael DeHoff, and Storme Sixeas, Tax Policy Group, Deloitte Tax LLP, was published in Deloitte Tax News & Views, Capitol Hill briefing, on October 2, 2020. The following excerpt from this article details the “Skinny” Heroes Act PPP Loan implications.
An article by Kari Hipsak, CPA, CGMA, was published in the Journal of Accountancy on September 23, 2020. The following excerpt from this article presents the major issues that are still awaiting guidance, important dates, calculation examples, and a final definition of employee-owner:
An article by Jeff Drew, Senior Editor, was published in the Journal of Accountancy on September 17, 2020. To summarize, despite industry support, there is no approved legislation for a second round of funding. The article follows in its entirety.
An article by Jeff Drew, Senior Editor, and Ken Tysiac, Editorial Director, published in the Journal of Accountancy on July 24, 2020. To summarize, be patient; loan forgiveness rules are usually more beneficial if you wait. The article follows in its entirety.
An article by Alan Gassman was published in Forbes on November 2, 2020. Read the full article here. The Main Street New Loan Facility Program
An article by Storme Sixeas, Tax Policy Group, Deloitte Tax, LLP, was published in Deloitte Tax News & Views, Capitol Hill briefing, on October 30,
The following is an excerpt from an article by Ken Tysiac, Editorial Director, published in the Journal of Accountancy on October 9, 2020. The SBA
An article by Jeff Drew, Senior Editor, was published in the Journal of Accountancy on October 9, 2020. To summarize, the SBA automatically extended the
An article by Alex Brosseau, Michael DeHoff, and Storme Sixeas, Tax Policy Group, Deloitte Tax LLP, was published in Deloitte Tax News & Views, Capitol
An article by Kari Hipsak, CPA, CGMA, was published in the Journal of Accountancy on September 23, 2020. The following excerpt from this article presents the major issues that are still awaiting guidance, important dates, calculation examples, and a final definition of employee-owner:
An article by Jeff Drew, Senior Editor, was published in the Journal of Accountancy on September 17, 2020. To summarize, despite industry support, there is no approved legislation for a second round of funding. The article follows in its entirety.
An article by Jeff Drew, Senior Editor, and Ken Tysiac, Editorial Director, published in the Journal of Accountancy on July 24, 2020. To summarize, be patient; loan forgiveness rules are usually more beneficial if you wait. The article follows in its entirety.
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