/Tag: paycheck protection program

Businesses should be aware of the potential tax implications of PPP loans

By |2020-08-21T22:52:37+00:00August 21st, 2020|Categories: Business Advice, CARES Act, COVID 19, Paycheck Protection Program, Tax Planning|Tags: , , , |

Understanding CARES Act and PPP If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan taken out in connection with the COVID-19 crisis, you should be aware of the potential tax implications. The Coronavirus Aid, Relief and Economic Security (CARES) Act, which was enacted on March 27, 2020, is designed to [...]

CARES Act: Payment Protection Program Loan Application Information

By |2020-04-10T23:23:51+00:00April 2nd, 2020|Categories: Blog, COVID 19, News|Tags: , , , , |

The Department of Treasury has released the Paycheck Protection Program and supplemental information, under the newly passed Coronavirus Aid, Relief and Economic Security Act (CARES) legislation. This article includes information which we recommend you review if you are considering applying for a loan under this program. The Paycheck Protection Program prioritizes millions of Americans [...]

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