by Rupinder | Nov 5, 2020 | Uncategorized
Today, the United States District Court for the District of Columbia ordered the U.S. Small Business Administration (SBA) to release by November 19, 2020, the names and addresses of all recipients, and precise loan amounts issued under the Paycheck Protection Program...
by Rupinder | Oct 30, 2020 | Uncategorized
Treasury and the U.S. Small Business Administration (SBA) on October 30 released a Paycheck Protection Program (PPP) Loan Forgiveness Factsheet. The two-page factsheet provides borrowers with step-by-step instructions on how to apply for PPP loan forgiveness. The...
by Rupinder | Oct 24, 2020 | Uncategorized
The IRS released draft 2020 Form 1040 and 1040-SR Instructions overnight on October 23, which includes instructions for Schedules 1 through 3. Additionally, the U.S. Small Business Administration (SBA) has released, and is expected to formally publish, a Paycheck...
by Rupinder | Oct 13, 2020 | Uncategorized
The U.S. Small Business Administration (SBA), in consultation with Treasury, on October 13 released updated FAQs on Paycheck Protection Program (PPP) loan forgiveness. The sub-regulatory guidance is intended for both lenders and borrowers participating in the small...
by Rupinder | Oct 13, 2020 | Uncategorized
“The National Society of Accountants (NSA) appreciates the importance of PPP-related information for our members and their clients,” said NSA’s CEO John Rice. “While uncertainty still surrounds the program, NSA will continue to provide timely...
