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Archive for May 2020

How SBA FAQ 46 affects PPP loans as deadline extended to May 18

May 29, 2020

Mitch Gerstein quoted in Philadelphia Business Journal’s article by Jeff Blumenthal about PPP loan forgiveness: how SBA FAQ 46 affects…

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Mitch Gerstein is quoted in Philadelphia Business Journal article by Jeff Blumenthal about the latest PPP loan forgiveness rules

May 27, 2020

The interim final rules offer guidance about how to incorporate employees who refuse an offer to return to work and…

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New Paycheck Protection Program (PPP) guidance released Friday night by Treasury and the Small Business Administration (SBA)

May 27, 2020

Two new Interim Final Rules (IFR): Provides borrowers and lenders guidance on requirements governing the forgiveness of Paycheck Protection Program…

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Mitch Gerstein is quoted in Philadelphia Inquirer’s reporter Erin Arvedlund’s article about how to receive PPP loan forgiveness.

May 25, 2020

The rules for converting PPP loans to grants are complex. Here’s a guide. Trying to figure out how you’ll pay…

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SBA Issues PPP Loan Forgiveness Application & Instructions- Addition to Website

May 18, 2020

On Friday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program…

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You’re working from home now. You qualify for a home-office tax deduction, right? Not so fast.

May 14, 2020

Arthur Zatz, special consultant in the tax department, is quoted in a Philadelphia Inquirer article by Andrew Maykuth about working…

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Treasury Department Provides Automatic Safe Harbor for PPP Loans Under $2 Million

May 14, 2020

Today, the Treasury Department revised the FAQs for borrowers under the Paycheck Protection Program (PPP) by adding new FAQ #46.…

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PPP loan forgiveness rules keep changing. Here’s the latest guidance from 5 experts

May 8, 2020

Hundreds of thousands of Philadelphia-area business owners are breathing sighs of relief after being notified that their Paycheck Protection Program…

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SBA Modifies the PPP Loan FAQs to Extend the Date for Certain Loan Repayments

May 6, 2020

On May 5, the Treasury Department and the Small Business Administration (SBA) updated their Paycheck Protection Program (PPP) FAQ document…

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Didn’t get your small-business loan to stay open? Here are other options for help.

May 5, 2020

Mitch Gerstein, senior tax advisor, is quoted in the article by Gene Marks in the Philadelphia Inquirer about PPP loans…

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