CARES Act implementations present potential benefits to individuals and business owners
September 23, 2020
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020, with the purpose of keeping the economy afloat during the COVID-19 pandemic. The act was designed to help rebuild the economy through federal government loans accompanied by a forgiveness element to support local and small businesses, as well […]
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Why borrowers shouldn’t rush their PPP loan forgiveness applications
July 15, 2020
Borrowers who received Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are asking their CPAs if and how they will qualify for PPP loan forgiveness. There is uncertainty over some of the program details. Organizations, especially small businesses, worry about meeting the maximizing loan forgiveness requirements. While questions […]
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