After a hiatus of over a month, on August 4, 2020, the Small Business Administration (the “SBA”) issued a new set of Frequently Asked Questions (the “New …
Update: PPP Loan Program Extended to August 8, 2020
On July 3, 2020, the President signed legislation extending the application deadline for small businesses to apply for the Paycheck Protection Program (“PPP”). …
The SBA Issues Additional Guidance on PPP Loan Forgiveness under the PPP Flexibility Act
The Small Business Administration (the “SBA”) continues to issue additional guidance for borrowers and lenders under the Payroll Protection Program (“PPP”) …
SBA Issues New PPP Loan Forgiveness Applications and Guidance
The Small Business Administration (the “SBA”) last week issued a new Interim Final Rule on PPP loan forgiveness (the “Update Forgiveness IFR”) and provided two …
Rob Stern Discusses COVID-19 Impact on Landlords and Lenders
As the real estate market braces for the economic fallout of the coronavirus pandemic, Rob Stern provided insight on how landlords and lenders may fair in a …
SBA Updates Guidance Under the PPP Flexibility Act
On June 11, 2020, the Small Business Administration (the “SBA”) issued a new Interim Final Rule (the “Update IFR”) that updates its original Interim Final Rule …
What Will The Paycheck Protection Program Flexibility Act Mean For Your PPP Loan?
On June 3, 2020, the U.S. Senate passed the “Paycheck Protection Program Flexibility Act” (the “PPP Flexibility Act”), which previously had been passed by the …
Interim Final Rule on SBA Loan Review Procedures and Related Borrower and Lender Responsibilities
Simultaneously with issuing its Interim Final Rule of PPP Loan Forgiveness on Friday night, May 22, 2020, the Small Business Administration (the “SBA”) issued …
SBA and Treasury Finally Issue Interim Final Rule on PPP Loan Forgiveness
Around or after 10:00 pm on the evening of Friday, May 22, 2020, the Small Business Administration (“SBA”) and the Treasury Department issued an Interim Final …
PPP Loan Forgiveness Application Release
Late on Friday, May 15, 2020, the Treasury Department and Small Business Administration issued the much awaited Form 3245, Loan Forgiveness Application (the …
New Paycheck Protection Program Loan Guidance
On May 13, 2020, the SBA issued additional guidance on the PPP loan “necessity” certification. This new guidance reverses course from the broadly worded …
Companies Whose PPP Loans Are Forgiven Will Lose Tax Deductions
Typically, when a business obtains a loan, the loan proceeds are not includable in the gross income of the borrower for tax purposes at the time of the loan. …
Stephanie Lieb Discusses Bankruptcy Outlook in Tampa Bay Times
Stephanie Lieb spoke with the Tampa Bay Times for its May 2, 2020 story on the economic impact COVID-19 is having on Florida, and she addressed the potential …
Tate Taylor Provides Insight On The Impact the CARES Act Is Having on Retirement Finances in Retire Ahead
In the May 2019 issue of Retire Ahead, a monthly newsletter released by Tribune Publishing, Tate Taylor answers key questions regarding the impact the …
Tampa Bay Business Journal Quotes Don Weinbren on SBA Loan Funding Bill
On April 24, 2020, Don Weinbren shared insight with the Tampa Bay Business Journal on the application process for Small Business Administration (SBA) loans …
Don Weinbren Discusses Paycheck Protection Loans in Tampa Bay Times
Don Weinbren discussed the $310 billion funding of the Paycheck Protection Program (PPP) on April 24, 2020 for the Tampa Bay Times. After the first round of …
What You Need to Know After You Receive Your Paycheck Protection Program Loan
You are not alone if you are confused about how to track your use of and how to calculate the amount of forgiveness for which you will qualify on your Paycheck …
Miscellaneous Business Tax Provisions in the CARES Act
While most of the recent media coverage has been focused on the Economic Impact Payments for individuals and the SBA loan programs newly available, the CARES …
Payroll Tax Credits under COVID-19 Relief Programs
So you’ve heard about “payroll tax credits,” but which end is really up? Below is a summary of the various credits available, and which can be combined with …
UPDATED: What Employers Need to Know During the Coronavirus Pandemic
This Employment Law Update was originally published on 3/20/2020 and has been updated with new information. For your convenience, information that has been …
