Category: COVID-19

Paycheck Protection Program (PPP) Loan Forgiveness Application

As of Friday, May 15, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  SBA will also soon issue regulations and guidance to further assist borrowers as...

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COVID-19 Updates: Things You Should Know

COVID-19 Updates: Things You Should Know

Click on the links below to jump to each section in this article: Tax Returns & Estimated Taxes Now Due July 15 CARES Act: Information for Individual Taxpayers Tax Breaks Help Small and Medium-sized Employers The Tax-Smart Way to Loan Money to Friends & Family Relief for Other Coronavirus-related Tax Issues   Tax Returns & Estimated Taxes Now Due July 15 Due to the coronavirus pandemic, the federal income tax filing due date is automatically extended from April 15, 2020, to...

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