New York State in conjunction with Empire State Development and Homes and Community Renewal recently announced a new economic loan recovery program designed for targeted small businesses,...
Continue ReadingNew York State in conjunction with Empire State Development and Homes and Community Renewal recently announced a new economic loan recovery program designed for targeted small businesses,...
Continue ReadingThe recently enacted $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contains a provision which allows employers to defer the deposit and payment of the...
Continue ReadingThe notice provides clarification around Federal income tax deductions related to Paycheck Protection Program loans. It states that no deduction is allowed for an expense that is otherwise...
Continue ReadingFederal Reserve expands the loan options available to businesses and increases the maximum size of organizations eligible to participate Overview On April 9th, the Federal Reserve provided...
Continue ReadingIn response to the Coronavirus Pandemic, on March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2 trillion stimulus bill. The Relief...
Continue ReadingAs part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Paycheck Protection Program (PPP) provides $349 billion of loan funds to support small businesses and...
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