Small Business Paycheck Protection Program


+ PPP Loan Forgiveness Streamlined (7-28-21)

+ SBA may be dropping PPP Loan Necessity Questionnaire requirement (7-14-21)

+ PPP Services & Peer Review (5-26-21)

+ Guidance: Franchise Tax & PPP Loan Forgiveness (5-21-21)

+ Restaurant Revitalization Fund to stop accepting applications (5-19-21)

+ Abbott Signs Texas Franchise Tax Exception for Forgiven PPP Loans (5-14-21)

+ IRS Clarifies Pandemic Relief for Dependent Care (5-11-21)

+ SBA Sending First $2 billion in Restaurant Revitalization Fund Payments (5-10-21)

+ Pandemic Government Relief: Details, allocations provided (5-10-21)

+ SBA Stops Accepting New PPP applications - Funds Run Out (5-5-21)

+ SBA Delays SVOG Reopening to April 26 (4-24-21)

+ Expenses Paid with 2020 PPP Loans Deductible in 2021 (4-22-21)

+ Tips: Applying NFP accounting rules for PPP funds (4-19-21)

+ SBA to Reopen Shuttered Venue Operators Grant Portal (4-19-21)

+ PPP Funds Running Low (4-5-21)

+ Biden Signs PPP Deadline Extension into Law (3-25-21)

+ Restaurant Revitalization Fund Targets April Launch (3-25-21)

+ New PPP guidance implements changes from American Rescue Plan Act (3-18-21)

+ AICPA asks for guidance on S corp. and partnership PPP loan forgiveness (3-16-21)

+ PPP extension bills gain backing of business groups  (3-16-21)

+ SBA defers EIDL payments until 2022  (3-15-21)

+ The Case for PPP Deadline Extension (3-9-21)

+ AICPA calls on SBA to change 'unfair' PPP guidance, deadline (3-5-21)

+ Treasury Guidance: Paycheck Protection FAQs (3-3-21)

+ PPP Rules Adjusted for Self-Employed (3-3-21)

+ AICPA Urges PPP Deadline Extension (3-2-21)

+ To Tax or Not to Tax: Should PPP Loans That Are Forgiven Under Federal Law be Subject to the Texas Franchise Tax? (2-25-21)

COVID Updates


New PPP Guidance & Forms


+ Procedural Notice PPP Borrower Resubmissions of Loan Forgiveness Applications, Lender Notice Responsibilities, and Offset of Remittances for Lender Debts (1/15/21)

+ Procedural Notice Paycheck Protection Program Excess Loan Amount Errors (1/15/21)

+ How to Calculate Maximum Loan Amounts for First Draw and What Documentation to Provide By Business Type (1/17/21)

+ Second Draw PPP Loans: How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide (1/19/21)

+ Interim Final Rule on Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act (1/19/21)

+ PPP Loan Forgiveness Application Form 3508 (Revised 1/19/21)

+ PPP Loan Forgiveness Application Form 3508EZ (Revised 1/19/21)

+ PPP Loan Forgiveness Application Form 3508S (Revised 1/19/21)

+ Borrower’s Disclosure of Certain Controlling Interests (1/19/21)