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Tag Archives: ppp loan
5 Things Small Businesses Should Know About COVID Relief
Financial Resources To Stay Afloat Businesses struggling to keep their doors open amid the ongoing public health crisis may not be aware of the financial resources available to them. Here are five things small businesses may not, but should, know about …
Posted in Corporate, COVID-19 Updates, Legal Watch Tagged covid-19 relief, ppp loan, SBA Leave a comment
Can I Sell My Business If I Have A PPP Loan?
IRS Weighs-in on PPP Loans
PPP Borrowers Cannot Deduct Expenses Paid With Forgiven PPP Loan Proceeds On May 1, the IRS released guidance addressing the deductibility of the expenses paid by businesses receiving a Paycheck Protection Program (PPP) loan. While the CARES Act provides that …
Posted in Corporate, COVID-19 Updates, Legal Watch Tagged COVID-19, finance, ppp loan, Taxes Leave a comment