More than 70% of small businesses in America now have loan proceeds from the Paycheck Protection Program (PPP) to help retain employees during the current pandemic. The entire amount of a PPP loan is eligible to be forgiven if the funds are used for qualified expenses. Recent legislation liberalizes the terms of loan forgiveness for […]
Build a Fortress Defense for PPP Loan Forgiveness
Posted on 26. Aug, 2020 by Linda in COVID-19, IRS, Managing Finances, Small Business Tips
Small Business Owners Get Good News on PPP Loan Forgiveness
Posted on 29. Jul, 2020 by Linda in COVID-19, Small Business Tips
Small business owners, self-employed workers and freelancers received some welcome news when Congress recently passed the Paycheck Protection Flexibility Act. This new law clarifies how businesses can qualify to have all or a portion of its Paycheck Protection Program (PPP) loan forgiven. Here is what you need to know: December 31, 2020 is the new […]
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