On Wednesday, March 31, 2021, the President signed the PPP Extension Act of 2021, H.R. 1799 which moves the Paycheck Protection Program (PPP) application deadline from March 31 to May 31. ...
COVID-19 Resources
Economic Injury Disaster Loans Update
The U.S. Small Business Administration is more than tripling the maximum amount that small businesses and nonprofits can borrow under the COVID-19 Economic Injury Disaster Loans (EIDL)...
What’s in the ARPA for individuals?
On March 11, 2021, President Biden signed the American Rescue Plan Act (“the Act”), a $1.9 trillion COVID-19-relief stimulus package. The Act extends the unemployment benefits that were...
New stimulus business and nonprofit benefits
President Biden has signed into law The American Rescue Plan Act 2021 (ARPA), which includes $1.9 trillion in funding for individuals, businesses, and state and local governments. The...
Is your business eligible for the employee retention tax credit?
UPDATED March 15, 2021 to reflect additional guidance and the ARPA Act of 2021 Under the Consolidated Appropriations Act, 2021, the employee retention credit, a provision of the CARES Act,...
The American Rescue Plan Act: What’s in it for you?
President Biden has signed into law the 628-page The American Rescue Plan Act 2021 (ARPA), which includes $1.9 trillion in funding for individuals, businesses, and state and local...
New favorable PPP rules for self-employed
The U.S. Small Business Administration (SBA) issued new Paycheck Protection Program (PPP) rules that allow self-employed individuals who file Form 1040, Schedule C, Profit or Loss From...
White House announces PPP changes
The Biden-Harris administration announced several reforms to further target the Paycheck Protection Program (PPP) to the smallest businesses and those that have been left behind in...
Simplified PPP Loan Forgiveness Application
The US Small Business Administration (SBA) and Treasury have published updated Paycheck Protection Program (PPP) loan forgiveness guidance and forms, including a one-page application for...