In March of 2020, Congress introduced a new tax credit: the Employee Retention Credit (ERC) as part of the CARES Act. The ERC was a
Read MoreTag: PPP
Congress Includes PPP Deductibility In New Stimulus Bill
(Author’s Note: The bill passed in the House and Senate on December 21, 2020, after this piece originally appeared.) When Congress passed the Coronavirus Aid,
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New Covid Stimulus Bill Has PPP Expansion, But No Stimulus Checks
Congress is making some progress on a COVID relief package. If it advances, it would be the first significant stimulus action from Congress since the
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What’s Next For Recipients Of PPP (Paycheck Protection Program)
To keep the economy afloat, Congress introduced the Paycheck Protection Program, also known as PPP. PPP consists of potentially forgivable loans to keep employees on
Read MoreFeds Arrest Florida Man In Connection With PPP Loan Fraud
The Department of Justice has announced the arrest of a Florida man in connection with Paycheck Protection Program (PPP) loan fraud. David T. Hines, 29, of Miami,
Read MoreSenate Stimulus Bill Includes PPP Expansion & Fixes
In March of 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. It was bigger than the original Senate proposal but smaller
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Fix The Tax Code Friday: The Next Stimulus Package
As Congress gets to work on a second stimulus package, there have been a number of suggestions for how to kick start the economy. Some
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As PPP Fraud Stories Make News, A Story About Redemption
In May of this year, David A. Staveley (a/k/a Kurt D. Sanborn) of Andover, Massachusetts, and David Butziger of Warwick, Rhode Island, were accused of conspiring to
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Desperation & Small Business Loans In A Time Of Crisis
Join us in kicking off our new podcast hosted by Kelly Phillips Erb. During this episode, Kelly invites a guest host, Jeff Grant, to discuss
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Taxes From A To Z 2020: F Is For FTE
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
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