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June 2020

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Hear a discussion on PPP loan forgiveness based upon current guidance with our CARES Team that includes: Overview of the loan forgiveness calculation Information regarding forgiveness reductions related to decreases in FTEs/wages Planning ideas to maximize the benefits of PPP A review of a loan...

On June 4, in response to the ongoing COVID-19 pandemic, Treasury provided increased flexibility for Qualified Opportunity Funds (QOF) and their investors with the release of Notice 2020-39. Find the full notice here and a summary of the highlights below. For more general information on...

The U.S. Senate voted to pass the Paycheck Protection Flexibility Act of 2020 (the Act) yesterday. It now moves to the President for likely signature. The Act contains the following major provisions beneficial to many borrowers participating in the CARES Act Paycheck Protection Program loans. The...

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