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The U.S. Small Business Administration announced details of the Restaurant Revitalization Fund, the $28.6 billion relief program established by the American Rescue Plan Act, P.L. 117-2.
View MoreThe Tennessee Department of Revenue recently provided an update to excise tax deductions as well as updated guidance on payments received under the Tennessee Business Relief Program and the Supplemental Employer Grant Program.
View MoreThe U.S. Small Business Administration opened its application portal for the $16.25 billion Shuttered Venue Operators Grant program Thursday but shortly afterward shut it down for repairs due to technical difficulties that prevented the platform from accepting applications.
View MoreThe IRS recently issued guidance for employers claiming the Employee Retention Credit under the Coronavirus Aid, Relief, and Economic Security Act modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
View MoreThe U.S. Small Business Administration has announced that beginning the week of April 6, it is raising the limit small businesses and nonprofits can borrow under the COVID-19 Economic Injury Disaster Loans program to up to 24 months of economic injury with a maximum loan amount of $500,000.
View MoreThe U.S. Small Business Administration has set April 8 as the date it will begin accepting applications for the Shuttered Venue Operators Grant program.
View MoreAs the March 31 deadline for the Paycheck Protection Program (PPP) approaches, the House of Representatives voted to pass a 60-day extension to the program early Wednesday.
View MoreThe U.S. Small Business Administration recently issued new Paycheck Protection Program rules to allow those who file Form 1040, Schedule C to calculate their maximum loan amount using gross income instead of net profit.
View MoreThe AICPA called on Congress to extend the application period for the Paycheck Protection Program by at least 60 days past the current deadline of March 31.
View MoreThe IRS recently issued Notice 2021-20, providing guidance for employers claiming the employee retention credit under the CARES Act, as modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020, for calendar quarters in 2020.
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