Jun 18, 2020 | Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News
On June 11, 2020, the Small Business Administration (SBA) and Treasury Department issued an interim final rule (IFR) providing initial guidance for implementing H.R. 7010, Paycheck Protection Program Flexibility Act, which became law on June 5. Additional IFRs were...
Jun 18, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Personal Financial Planning, Private Equity-SBICs and Venture Capital, Tax News
Do you run a company with an at-home workforce, leaving you with employees now working in another state? Are you such an employee yourself? You may be facing some tax confusion. Having some basic understanding of what happens will help businesses make the right...
Jun 17, 2020 | Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate, Tax Due Dates
Today, June 17, 2020, the U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020,...
Jun 4, 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
Last night, June 3, 2020, the U.S. Senate passed the Paycheck Protection Program Flexibility Act of 2020, tripling the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for forgiveness of the loans. The bipartisan...
Jun 2, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, MCB Happenings, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate
On June 2, MCB principals Jude Covas, Matt Dwyer, Phil Busenitz and Cindi Park presented a webinar for clients seeking information about how to maximize Paycheck Protection Program loan forgiveness. The principals reviewed the forgiveness application in detail, and...
May 26, 2020 | Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Not-for-Profit, Private Equity-SBICs and Venture Capital, Tax News
June 3 Update: Senate Approved Paycheck Protection Program Flexibility Act of 2020; President Trump Expected to Sign. As a follow-up to the May 15 release of the PPP loan forgiveness application, the SBA and Treasury released two more interim final rules (IFRs) on May...
