Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

Businesses that received Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders can apply for loan forgiveness online through the U.S. Small Business Administration.

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

Most Paycheck Protection Program (“PPP”) borrowers are working toward full forgiveness of their PPP loans and are anxious to get this process started. A borrower ...

The company never disclosed its foreign majority ownership or its overseas workforce when it applied for pandemic small ...

Businesses in Arizona and the nation are rushing to apply for Small Business Administration loans to keep afloat through shutdowns related to the new coronavirus pandemic, but the massive assistance ...