Tax Planning

New PPP Guidance Early Loan Forgiveness Application & Other Modifications to PPP Forgiveness Provisions

By | Coronavirus, News, Tax Planning | No Comments

New Paycheck Protection Program (PPP) guidance was released last week by means of a 34-page interim final rule (IFR) issued in consultation with Treasury, in which the U.S. Small Business Administration (SBA) addresses a number of issues related to the PPP program. Most notably, the new guidance states that PPP recipients can apply…

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AICPA releases recommended PPP application documentation

By | Accounting and Advisory, News, Tax Planning | No Comments

The American Institute of CPAs, the AICPA-led Coalition, and other key stakeholders – collectively representing 44K CPA firms, 2.5M small businesses and 30M employees – have come together to drive a common understanding and approach around the implementation of the U.S. Treasury and Small Business Administration Paycheck Protection Program (PPP)….

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