Taxation of PPP Loans: What Employers Need to Know
Earlier this year, Congress passed the CARES Act, which included a coronavirus stimulus package for small businesses known as the Paycheck Protection Program (PPP). The intent of the program was to provide business loans to qualifying businesses as a means of
Hughes, Snell & Co. CPA Erica Harp on PPP Compliance Discussion Panel
Fort Myers, FL — Hughes, Snell & Co., P.A., CPA Erica Harp recently participated in a Southwest Florida Community Foundation panel discussion on compliance and other important rules associated with the Paycheck Protection Program (PPP). Henderson, Franklin, Starnes & Holt, P.A. attorneys Sara Qureshi and Michael Lehnert and Edison National Bank Vice President, Senior Loan […]
Emergency Funding Options for Businesses
Economic Injury Disaster Loan (EIDL) Some businesses prior to the passage of the CARES Act may have created an application for the Disaster Relief lending that was being offered by the federal government (Economic Injury Disaster Loan). Please note that these loans do not have the same lending provisions and forgiveness provided in the CARES […]