The Consolidated Appropriations Act signed at the end of 2020 changed the eligibility...
Employee Retention Tax Credit Overview
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Paycheck Protection Program
How New PPP Loan Guidance Impacts Tax Planning
The IRS released new ruling and guidance on November 18, 2020 for businesses who...
PPP Loans Can Have Tax Consequences
If your business was fortunate enough to get a Paycheck Protection Program (PPP) loan...
PPP Loan Forgiveness Updated FAQs – August 7 COVID-19 Update
The Small Business Administration (SBA) and Department of Treasury released an updated...
What to Watch Out for in the Paycheck Protection Program Flexibility Act
The Paycheck Protection Program (PPP) Flexibility Act amends the Small Business Act and...
Walkthrough of the Paycheck Protection Program Loan Forgiveness Application
Disclaimers: The Small Business Administration and...
Paycheck Protection Program Loan Forgiveness Application – May 19th Update from PKF Texas
The Small Business Administration (SBA) and Department of Treasury released the Paycheck...
Deductibility of PPP Loans from IRS Notice 2020-32 – May 4th Update from PKF Texas
On Thursday, April 30, 2020, the IRS released Notice 2020-32. Specifically, “this notice...
IRS Announces Employment Tax Deferrals – April 15th COVID-19 Update
On Friday, April 10th, the IRS released an FAQ for Deferral of Employment Tax Deposits...
CARES Act Offers New Hope for Cash-strapped Nonprofits
On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed...