The Small Business Administration (SBA), in consultation with the Department of Treasury (Treasury), took steps this week to alleviate confusion concerning the Paycheck Protection Program (PPP) which was instituted as part of the monumental CARES Act legislation. Since the introduction of the PPP, the SBA and Treasury have fast-tracked guidance for taxpayers and business owners through the issuance of a number of Frequently Asked Questions (FAQ). Click here to read more.
Guidance Released on “Good-faith Certification”
May 15, 2020