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The U.S. Small Business Administration and Treasury recently announced that the application window for Paycheck Protection Program forgivable loans will open at 9 a.m. ET on Friday, Jan. 15 for lenders with $1 billion or less in assets.
View MoreTuesday, Jan. 12 was the first day of the 112th Tennessee General Assembly.
View MoreThe Paycheck Protection Program (PPP) reopened Monday, Jan. 11 for select lenders and borrowers.
View MoreThe U.S. Small Business Administration and Treasury recently announced the Paycheck Protection Program will reopen Monday, Jan. 11 for select lenders and borrowers.
View MoreThe U.S. Small Business Administration and Treasury recently issued guidance for the reconstituted Paycheck Protection Program.
View MoreThe Treasury Department and IRS recently issued guidance allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program.
View MoreWith feedback from tax practitioners in mind, the Tennessee Department of Revenue has updated its procedures for managing the Tennessee franchise and excise tax (F&E) accounts of taxpayers who fail to select the “final” box on their last return.
View MoreCPAs are meeting the moment when it comes to small business relief. This is a new advisory service for the profession, one that will last through 2021 and 2022, in terms of lingering pandemic impacts.
View MoreOn Dec. 21, 2020, Congress passed a $900 billion COVID-19 relief bill, the Consolidated Appropriations Act, 2021. Key features are $600 stimulus payments to individuals, $300 in added extended weekly unemployment benefits and $325 billion in small business aid.
View MoreDue to the ongoing pandemic the IRS experienced a delay in mailing some notices that were to be issued between Nov. 9 and Nov. 23.
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