Paycheck Protection Program

The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.

The service is warning taxpayers to be on the lookout for charity fraud as accountants look to advise clients on how to detect and avoid fraud.

The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.

Many advisors have clients who took out the forgivable loans. Some wealth management firms did the same. Three years after the government doled out more than $800 billion in mostly-free cash, here's what's happening.

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

Five current or former Internal Revenue Service employees allegedly submitted false and fraudulent loan applications that collectively sought over $1 million.

Federal investigators are uncovering billions of dollars in fraud tied to pandemic relief programs.

The Securities and Exchange Commission and other federal agencies have been keeping watch as the capital markets go through a period of volatility amid rising inflation and interest rates, looking for telltale signs of financial fraud.

For anyone who wants a phony pay stub or doctored tax return, sources are readily available online.

Public offers; a second soda tax mess; never fail to put off; and other highlights from our favorite tax bloggers.

The cloud-based financing system for accounting firms has grown to include a business term loan option for firms’ small business clients.

Many accounting firms ended up not needing their Paycheck Protection Program funds — but that doesn't mean they should squander them.

The portal offer a streamlined way to seek loan forgiveness, but accountants are watching for the revenue reduction scores the SBA is using to make determinations.

Fraud or improper payments accounted for more than $90 billion of the government’s emergency aid for the unemployed and small businesses.

Fintechs were almost five times more likely than traditional lenders to be involved with suspicious loans issued through the program, according to a new study.

The problem with some tax credits; a PPP forgiveness portal; crypto replies; and other highlights from our favorite tax bloggers.

The U.S. Small Business Administration will be unveiling an online portal where Paycheck Protection Program borrowers can directly apply for forgiveness on loans of $150,000 or less without going through their bank.

The pandemic has been going on so long that it can be hard to imagine what things will look like afterward -- but businesses need to start preparing now for their eventual emergence, according to Cynthia Romano and Kevin Clancy of CohnReznick.

Some in Washington have slammed states for what they consider kicking their own residents while they’re down — against the intent of Congress.

Barry Melancon of the AICPA and Erik Asgeirsson of CPA.com review the successes of the Paycheck Protection Program, and how accountants should be thinking about the future to guide their clients out of the pandemic.