…don’t navigate this season alone.The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your Pennsylvania business) … well, the more that we...
Are you tired of talking and thinking about the PPP? Because I’m tired of talking and thinking about the PPP.That said — this program has been a lifesaver for a variety of my Pennsylvania clients, and it has provided a great shot in the arm for others.And,...
There has been a lot of recent chatter about the PPP money, who got it, who didn’t, and even if some Pennsylvania companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this...
Well, if you were wise, you probably saw this coming.Turns out … if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan … are not deductible for Pennsylvania businesses.Ouch.The IRS just released new guidance to...
The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn’t shared recent...
I promise that one day I’ll write to you and my Pennsylvania area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche — it all fits right now.But...
