After getting off to a wobbly start in the earliest days of the pandemic, the nation’s banks nailed their response to the U.S. Small Business Association’s Paycheck Protection Program (PPP), managing ...
Add Yahoo as a preferred source to see more of our stories on Google. A couple who founded an Arizona-based financial technology firm in the early days of the pandemic raked in an estimated $120 ...
In three revenue procedures (Rev. Procs. 2021-48, 2021-49, and 2021-50) the IRS provided guidance Thursday on the treatment of amounts excluded from taxpayers’ gross income in connection with ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In 2020 and 2021, companies benefited from an unprecedented ...
The government’s supplemental unemployment insurance and stimulus checks were enough to actually lower poverty last year. The same philosophy applied to relief for businesses. The government kept the ...
Though the Small Business Administration has forgiven about 60% of the nearly $793 billion in Paycheck Protection Program loans approved in 2020 and 2021, the process hasn’t always gone smoothly.
More thn 84,000 businesses and nonprofits on Long Island received a total of $10.5 billion in loans via the federal government's marquee pandemic-relief initiative, the Paycheck Protection Program, ...
The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small businesses during the Covid-19 pandemic — sent out a total of nearly $800 billion to help companies keep staff on their ...
Most Americans have a lot to be thankful for this year. The economy is doing well, jobs are plentiful, and most small businesses are doing much better than had been expected. Things were much worse in ...