The SBA updated its PPP loan FAQs to add FAQ 46, making good on its promise to provide additional guidance as to what circumstances necessitate repayment. FAQ 46 announces that borrowers and their affiliates receiving PPP loans below that $2 million will be assumed to have performed the required certification concerning the necessity of their loan requests in good faith (i.e., safe harbor).
Koontz & Associates, PL & Koontz & Parkin, CPAs discuss their perspective on PPP through their clients' experiences, loan forgiveness and other frequently asked questions about PPP.
On April 30, 2020 Koontz & Associates, PL & Koontz & Parkin, CPAs tackled the new guidance on who should be receiving PPP loans, what factors to consider when determining good faith certification and loan forgiveness.
Update on PPP and EIDL Loan, Schedule C and S Corporations.
Discussing PPP, federal programs for tax deferment, IRA planning and opportunities, and getting ready for the next round of PPP funding.
The Senate passed a $484 billion interim coronavirus funding bill via voice vote on Tuesday after more than a week of intense negotiations between the Trump administration and Congress.
Jo Ann Koontz and Marina Parkin are joined by Christine Sensenig, Labor and Employment Attorney of Sarasota, FL. In today's webinar, we will be discussing Florida's Department of Economic Opportunity (Unemployment), the CARES Act and other related topics, including your questions about this topic.