New FAQs address PPP loan forgiveness issues

Frequently Asked Questions (FAQs) on PPP Loan Forgiveness https://www.sba.gov/sites/default/files/2020-08/PPP%20Loan%20Forgiveness%20FAQs%208-4-20.pdf   By Jeff Drew | August 4, 2020 The U.S. Small Business Administration (SBA), in consultation with Treasury, released guidance Tuesday answering 23 frequently asked questions regarding the forgiveness of Paycheck Protection Program loans. Congress created the PPP as part of the $2 trillion Coronavirus Aid, […]

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Corona Virus Update: Federal Disaster Loan Program

The Small Business Administration is reopening its Economic Injury Disaster Loan and EIDL advance grant portal to a broader array of eligible small businesses and nonprofits affected by the coronavirus pandemic, beginning Monday. The portal had been accepting applications only from agricultural businesses for the last month, as demand was high, and those businesses had not […]

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PPP forgiveness guidance issued as Congress mulls changes

https://www.journalofaccountancy.com/news/2020/may/ppp-loan-forgiveness-guidance-issued-as-congress-mulls-changes.html?utm_source=mnl:cpald&utm_medium=email&utm_campaign=25May2020   “Treasury and the U.S. Small Business Administration (SBA) released new Paycheck Protection Program (PPP) guidance Friday night that provided some clarity on several loan forgiveness questions but didn’t address the two parts of PPP that arguably have generated the most concerns among the millions of small businesses and other entities that have received […]

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Why You Should Consider QuickBooks for Your Accounting Software

You save time on bookkeeping and paperwork because many simple bookkeeping tasks are handled automatically, giving you more time to run your business. You can easily generate reports with the information you need, so you always know where your business stands. You save money because QuickBooks is so affordable. You can use it to run […]

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