The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) made many temporary changes in the tax law. The new Consolidated Appropriations Act (CAA) adjusted some of these and left others to die on December 31, 2020. Below are insights into some of the...
Who Qualifies for First-Draw PPP Money Today? Two things to know about the Paycheck Protection Program (PPP) first draw enacted on December 27, 2020: · The first draw is for those who missed getting in on the original PPP, which expired on August 8,...
New Forgiveness Rules for Past, Current, and New PPP Money Good news: the new Paycheck Protection Program (PPP) law enacted with the stimulus package adds dollars to your pocket if you have or had PPP money. Note that the PPP money comes to you in what appears to be a...