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Congress has passed the Paycheck Protection Flexibility Act with many new provisions that will make it easier for borrowers to obtain forgiveness. The Act (H.R. 7010) addresses many concerns expressed by recipients... Continue Reading
The Cobb County Board of Commissioners unanimously approved $50M for small business grants to be administered by SelectCobb to help Cobb County businesses with 100 employees or less. The process for the application... Continue Reading
This episode of Supply Chain Now features Rebecca Bowman. Rebecca is a graduate of Howard University with a Chemical Engineering degree. Most of her career has been in Manufacturing - various products and various... Continue Reading
On May 15, 2020, the Small Business Administration released the Loan Forgiveness Application for Payroll Protection Program funding. The form and instructions include several changes to the forgiveness calculations... Continue Reading
Companies who received funds under the Paycheck Protection Program are being asked by the Treasury and SBA to review their certification that "current economic uncertainty makes this loan necessary to support the... Continue Reading
On May 1, 2020 the Internal Revenue Service published Notice 2020-32 to provide guidance regarding the deductibility of expenses incurred and paid for with Paycheck Protection Program (PPP) loan proceeds. The notice... Continue Reading
With funding from the Paycheck Protection Program reaching the hands of business owners, we are receiving many inquiries regarding proper documentation, use, and general best practices. Below you will find guidelines... Continue Reading
The IRS added enhancements to the Get My Payment tool in order to provide a smoother experience for Americans looking to find the status of their Economic Impact Payments. The enhancements adjusted several items to... Continue Reading
On April 24, 2020, the President signed the $484 billion coronavirus relief bill that will provide additional relief to employers and hospitals that are struggling as a result of the COVID-19 pandemic. The bill,... Continue Reading