Tag: PPP repayment

November 19, 2020 by Barbara Dillon

IRS Releases Additional Guidance on PPP Loan Forgiveness

The IRS published a Revenue Procedure and a Revenue Ruling to clarify certain complex and controversial details in PPP loan forgiveness. Read further for a summary of the new IRS guidance.

June 16, 2020 by Barbara Dillon

COVID-19 Paycheck Protection Program PPP SBA Lending Secure Act Wallace Plese + Dreher PPP Assistance Wallace Plese + Dreher PPP Task Force

Presentation: PPP Current Tax Developments and Forgiveness

Join Stephen J. Rodis, CPA and Mark R. Dreher, CPA in an ASCPA live online webcast on June 20, 2020, about current PPP tax issues and status of forgiveness portion of the PPP loan program, including financial reporting options.

May 6, 2020 by Barbara Dillon

Coronavirus COVID-19 Paycheck Protection Program SBA Lending

PPP Repayment Deadline Extended to May 14, 2020

The Trump Administration extended the deadline for companies to repay PPP loans from May 7, 2020 to May 14, 2020. The decision comes after many groups and organizations requested the administration provide additional time for companies to determine if they would return the funds.