Organization Root Tag

June 18, 2020 12:30 PM

California legislators met the letter of the law in passing the budget by Monday's deadline, but the state is a long way from a final spending plan.

7 Min Read
small-business-closed.jpg
SBA
Michael Cohn
June 17, 2020 11:44 AM

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act.

3 Min Read
nursing-home.jpg
IRS
Michael Cohn
June 16, 2020 4:11 PM

The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.

5 Min Read
Federal Reserve Board Chair Jerome Powell addresses the Senate Banking Committee
Michael Cohn
June 16, 2020 2:55 PM

The lender portal for the Federal Reserve’s Main Street Lending Program has opened as the long-awaited alternative to the problem-plagued Paycheck Protection Program after weeks of delays.

5 Min Read
Rob Frohwein, CEO, Kabbage
Penny Crosman
June 16, 2020 9:45 AM

The online lender quickly built an app for ride-share drivers with much of their information already filled in.

3 Min Read
irs-podium.jpg
Michael Cohn
June 15, 2020 5:32 PM

The IRS and the Treasury gave tax relief to businesses and investors who were engaged in New Markets Tax Credit transactions but couldn’t get them done in time due to the COVID-19 pandemic.

2 Min Read
PwC building on Park Avenue in New York
Michael Cohn
June 15, 2020 4:07 PM

Finance execs are concerned about a new wave of infections leading to a further economic downturn, according to a survey Monday from PricewaterhouseCoopers.

7 Min Read
June 15, 2020 2:29 PM

With about two weeks before the fiscal 2021 starts, the Florida Legislature still hasn't submitted a budget to Gov. Ron DeSantis.

3 Min Read
John Adams
June 15, 2020 12:01 AM

For Starbucks, the pandemic’s emergency workarounds are also a proving ground for a retail concept that could change the way people visit quick-serve restaurants.

4 Min Read
IRS headquarters
IRS
Michael Cohn
June 12, 2020 5:28 PM

The Internal Revenue Service is extending the due dates on its balance due notices because it wasn’t able to mail out the preprinted letters to taxpayers due to office closures during the ongoing COVID-19 pandemic.

3 Min Read