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UPDATE -- SBA Adds Guidance Regarding Necessity Certification Under the Paycheck Protection Program

On April 23, 2020, the Small Business Administration (“SBA”) issued additional guidance regarding whether businesses owned by large companies qualify for a Paycheck Protection Program (“PPP”) loan under Section 1102 of the...more

UPDATED: Congress Passes the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)

President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) on March 27, 2020, marking the largest economic recovery package in U.S. history. The $2.2 Trillion rescue legislation provides $150...more

Tax Return Filing Deadline Extended; Tax Credits Made Available for Small and Midsize Employers

Tax Return Due Date Extended to July 15; Tax Payments Deferred - On Friday, March 20, 2020 the United States Treasury extended the April 15, 2020 tax-filing deadline to July 15, 2020. ...more

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