The Consolidated Appropriations Act, 2021 (CAA 2021) became law on December 27, 2020, and among many other things, provided for a second round of potentially forgivable Paycheck Protection Program loans to small businesses that were financially impacted by the effects of the pandemic.
On Monday, June 22, 2020, the U.S. Small Business Administration (SBA) released Revisions to Loan Forgiveness Interim Final Rule and SBA Loan Review Procedures Interim Final Rule.
On June 16, 2020 the SBA released the updated Paycheck Protection Program Loan Forgiven Application.
On June 3, the Senate passed the Paycheck Protection Flexibility Act. It has been sent to President Trump, who is expected to sign it.
How will COVID-19 affect how states approach sales tax enforcement?
Learn more about this interesting ruling by the IRS.
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