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Freed Maxick Service Delivery Update

We have implemented a phased approach for returning to our offices that allows us to modify our approach to service delivery as situations change without any service disruptions. In the meantime and in the interest of public health and the safety of our community, our teams will continue working remotely whenever possible to provide the same high-quality service you have come to expect. Utilizing state-of-the-art technology, we are committed to meeting all of your assurance, tax, and advisory needs to help you navigate a business environment filled with challenges and opportunities. To discuss a specific need that can’t be handled remotely, please contact your Freed Maxick representative directly.

Summing It Up

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Topic: Paycheck Protection Program

Did the IRS Just Burn Thanksgiving Dinner, or Ignite a Necessary Fire Under Congress?
By Richard J. Wright, Jr. CPA on November 22, 2020

On November 18th the IRS issued Revenue Ruling 2020-27 and Revenue Procedure 2020-51, clarifying their position regarding the deductibility of expenses paid with Paycheck Protection Program...

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SBA Quietly Developing a PPP Questionnaire
By Richard J. Wright, Jr. CPA on November 1, 2020

It appears that The Small Business Administration (SBA) is developing or has developed a new Paycheck Protection Program (PPP) questionnaire - although they have not officially commented...

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SBA Issues EZ PPP Application and Updated Interim Guidance
By Joe Aquino, CPA, CVA on June 18, 2020

The U.S. Small Business Administration (SBA), in consultation with Treasury, recently released a revised loan forgiveness application for the Paycheck Protection Program (PPP), along with...

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Paycheck Protection Program Flexibility Act – Update
By Richard J. Wright, Jr. CPA on June 6, 2020

The President recently signed the Paycheck Protection Program Flexibility Act (PPPFA) -the following is a summary of the highlights of the legislation: Extends 8 week “covered period” to...

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SBA Forgiveness Application—What It Gave to Us, and More Importantly, What It Has Not Yet Given to Us
By Richard J. Wright, Jr. CPA on May 19, 2020

Late on Friday, May 15th, the SBA released the PPP Loan Forgiveness application. While this application has answered some of the questions in connection with the CARES Act and related SBA...

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SBA Releases Forgiveness Application
By Freed Maxick on May 16, 2020

The SBA issued the much anticipated PPP Forgiveness Application and instructions on May 15th: ...

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