Blog Posts

SBA Releases New FAQ Regarding PPP

The SBA recently released question #46 in the frequently asked questions in regards to PPP. Loans with an original principal amount of less than $2 million will be deemed to have made the required certification concerning the

May 13, 2020

Accounting for the Payroll Protection Program Loan

As we maneuver through these unprecedented times and move through the government’s new Acts and Programs established for the Coronavirus Pandemic, questions have arisen on how to account for this funding. The funding has begun to

May 4, 2020

CARES Act, Part II: How to Prepare

The Federal Government is set to implement legislation that would allow more money to flow once again to small businesses affected by COVID-19--$322 billion more including $60 billion set aside for smaller lenders like community banks and

April 24, 2020

A Message From Our Partners

We are reaching out to simply let you know that all of us are thinking of you during these unprecedented times. Life has we know it has been challenged and changed: the new work environment shared with fury

April 20, 2020

Deferral of Payroll Taxes

The IRS has clarified ability to defer paying the employer share of payroll taxes.  It was previously understood that you could not defer payroll taxes if you participated in the Payroll Protection Program (PPP). However, you are

April 20, 2020