Paycheck Protection Program

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.

Kruze Consulting does an after-action analysis of the results of its clients’ PPP decisions.

The leader of an agency overseeing stimulus programs said that Treasury officials had resisted his attempts to investigate fraud in the Paycheck Protection Program.

The Small Business Administration is also going to retry a launch of its Shuttered Venue Operators Grant program.

The PPP gets most of the headlines, but the ERC helps businesses garner substantial tax savings. Can employers qualify for both programs?

The IRS and the Treasury Department are giving small businesses that received Paycheck Protection Program loans in the first round a way to deduct expenses they couldn’t claim last year.

10 major developments, from the pandemic and Wayfair to sin taxes, that are all likely to play major roles.

The U.S. Senate approved a two-month extension of a popular U.S. small-business relief program that still has about $79 billion left to distribute, giving companies until the end of May to apply for the forgivable loans.

Tax practitioners share the new issues that they’re keeping an eye on.

The House voted to provide an extra two months for the Paycheck Protection Program, giving businesses until May 31 to apply for forgivable loans during the pandemic.

Members of Congress are proposing bipartisan legislation to extend the deadline for Paycheck Protection Program loans another two months as accountants press for more time on the expiring program.