Apr 9, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Hospitality, Medical Practices, Private Equity-SBICs and Venture Capital, Real Estate
The Federal Reserve announced today a $2.3 trillion initiative to bolster local governments and support small to medium-sized businesses. Included in the package is $600 billion for the Main Street Lending Program, which includes the Main Street New Loan Facility...
Apr 8, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News, Uncategorized
June 3 Update: Senate Approves Paycheck Protection Program Flexibility Act of 2020; President Trump Expected to Sign. On April 7, the SBA issued FAQs providing clarification on a number of issues, including exceptions to the 500 employee rule, borrower and lender...
Apr 3, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News, Uncategorized
June 4 Update: Senate Approved Paycheck Protection Program Flexibility Act of 2020; President Trump Expected to Sign. As a follow-up to our March 31 post on the CARES Act Paycheck Protection Program, the SBA released yesterday an Interim Final Rule and an updated...
Apr 2, 2020 | Coronavirus Updates, Tax News
The Employee Retention Credit is a fully refundable tax credit for employers equal to 50 percent of qualified wages (including allocable qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified...
Mar 31, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
June 3 Update: Senate Approves Paycheck Protection Program Flexibility Act of 2020; President Trump Expected to Sign. The U.S. Treasury today announced new information regarding the Paycheck Protection Program, a part of the $2 trillion CARES Act stimulus package that...