PPP Loan Tag

The federal government waived taxes on PPP loans, but Utah requires businesses to pay taxes in most situations. Specifically, it is taxable if the PPP/Grant money was used to pay...

(authored by RSM US LLP) PPP extension clears Senate. Program to be extended to May 31, with 30 days provided after May 31 for SBA to process pending applications....

Authored by The National Restaurant Association RESTAURANT REVITALIZATION FUND The American Rescue Plan Act establishes a $25 billion “Restaurant Revitalization Fund” (RRF) within the U.S. Small Business Administration (SBA). Grants: An...

The Employee Retention Credit (ERC) was introduced in March 2020 as part of the CARES Act. The ERC is a refundable payroll tax credit against employee wages designed to make...