ALERT: PPP – DRAFT LEGISLATION UPDATE
Congress is currently working a stimulus package including potential economic relief items; extension of unemployment benefits, stimulus checks to some…
WEBINAR: Complying with the Coronavirus Paid Leave Mandate
In March, the Families First Coronavirus Response Act (FFCRA) required certain employers to provide their employees with expanded medical leave…
ALERT: Guidance Issued On Deducting Expenses Associated with PPP Forgiveness
On November 18, 2020, the IRS issued guidance on the deductibility of PPP-funded expenses. Prior to this guidance, there was speculation…
PPP – Loan Necessity Questionnaire
Early on in the PPP application process there was question and concern around applicants demonstrating the need for the loan. Relief…
Changes to Rebuild VA Small Business Grant Program
Recently Governor Northam announced changes in the Rebuild VA Grant Program expanding both the eligibility criteria and the amount of…
The Families First Coronavirus Response Act Follow-Up
In March, the Families First Coronavirus Response Act (FFCRA) was enacted which requires certain employers to provide employees with expanded…
PPP Loans Under $50,000
On October 8, 2020 the SBA and Treasury Department released updated rules and a new forgiveness application Form SBA 3508S…
COVID-19 & Retirement Plans
Under the CARES Act and related Notice 2020-50 issued by the IRS, retirement plan participants affected by COVID-19 can take…
RebuildVA Small Business Grant Program
The Commonwealth of Virginia created the Rebuild VA Small Business Grant Program to assist small businesses and non-profits that experienced…
Welcome New Hire, Anna Pitts
Anna Pitts has joined the firm as a Senior Accountant and is based in our Tri-Cities office. As a Senior…