Archive for News Category

Emerging Tax Alert – PPP borrowers get concessions, additional guidance on forgiveness

The U.S. Senate has passed the bipartisan Paycheck Protection Program Flexibility Act of 2020, which loosens several of the Paycheck Protection Program’s (PPP’s) more onerous restrictions regarding loan forgiveness. President Trump has signed the bill

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Posted In: Alerts & Advisories, News, Resources

Paycheck Protection Program Loan Forgiveness Application Released

On May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application.  This application includes instructions in full detail as well

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Posted In: Alerts & Advisories, News, Resources

PPP Guidance Update

The Small Business Administration (SBA), in consultation with the Department of the Treasury, continues to provide additional guidance with respect to the implementation of the Paycheck Protection Program (PPP).  A list of Frequently Asked Questions

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Posted In: Alerts & Advisories, News, Resources

PPP & CARES Act Webinar Recording

Last week, our friends at Sapers & Wallack hosted a Town Hall webinar about the SBA Paycheck Protection Program (PPP) and The CARES Act. Managing Partner, Scott Kaplowitch, joined as a panelist to answer questions

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Emerging Tax Alert – SBA extends the PPP repayment deadline for self-certification

The Small Business Administration (SBA) has extended the repayment deadline for Payroll Protection Program (PPP) borrowers that wish to take advantage of the “good faith” self-certification of eligibility option. The deadline is now automatically extended

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Posted In: Alerts & Advisories, News, Resources

IRS Clarifies Question of Deductibility of Expenses that Lead to PPP Loan Forgiveness

The Paycheck Protection Program (PPP) created under the CARES Act provides loans to small businesses. These loans are eligible for full or partial forgiveness if used for payroll and other specific business expenses as defined

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Posted In: Alerts & Advisories, News, Resources

Scott Kaplowitch on NBC 10 Boston

Our Managing Partner, Scott Kaplowitch, was asked to share his expertise around stimulus checks by NBC 10 Boston. If you didn’t see his interview live, make sure to check it out here.

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Scott Kaplowitch on WHDH Channel 7 News

Last night, Managing Partner Scott Kaplowitch, shared some helpful insights about stimulus checks on WHDH Channel 7 News Boston. If you didn’t catch this interview live, be sure to check it out here.

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Posted In: Alerts & Advisories, News, Resources

COVID-19 Relief Comparison Chart

The volume of news and articles on coronavirus relief options is overwhelming for many business owners. It is difficult to understand which options are best or applicable to your company. Our COVID-19 Relief Comparison Chart

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Emerging Tax Alert – CARES Act provides COVID-19 pandemic relief to businesses

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) represents the third phase of Congress’s legislative efforts to address the financial and health care crisis resulting from the coronavirus (COVID-19) pandemic. In addition to

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Posted In: Alerts & Advisories, News