The U.S. Small Business Administration, in conjunction with the Treasury Department, released a loan forgiveness application for the SBA’s troubled Paycheck Protection Program, along with detailed instructions for the application.
Tax practitioners share the questions they’re getting asked most, and how they’re answering.
Operation HOPE Chief Executive John Hope Bryant talks about how the Community Reinvestment Act influenced him at the age of 9 and eventually led to the founding of his nonprofit, which works with banks to help communities in need. But he says the 1977 law is outdated.
The Pittsburgh company’s sale of its stake in the asset manager yielded billions of dollars that could cushion the pandemic’s economic blow and eventually help fund a big acquisition.
Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.
A lack of modern lease accounting capabilities makes it difficult for many businesses with large lease portfolios to regain control, improve liquidity and plan for the future.
Lax eligibility requirements are raising new questions about which firms should get access to public money.
The Small Business Administration’s troubled Paycheck Protection Program appears to be providing more businesses with long-awaited loans, despite the rocky rollout and ever-changing guidance, according to a new survey.
The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.
In this environment where information is fluid and everything is changing on a daily basis, accountants must stay out in front of clients’ needs.