SBA Annouces opening of PPP direct forgiveness portal08/02/2021
WASHINGTON – The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
IRS REFUNDS BACKLOG07/23/2021A growing backlog of unprocessed tax returns now stands at 35 million, creating ongoing refund delays for millions of taxpayers, the National Taxpayer Advocate said in a recent report. That represents an increase in the IRS' backlog of unprocessed returns from May, when it was holding 31 million returns.
COVID-19 Special update: Tax day for individuals extended to May 1703/17/2021 | IRS
Treasury, IRS extend filing and payment deadline. Click on the title for more information.
COVID-19 Special Update: Paycheck Protection Program Form 3508S revised01/21/2021 | SBA
SBA revises Form 3508S to include loans of $150,000 or less. Click on the link to download the form and instructions to complete.
COVID-19 Special update: Paycheck Protection Program 2nd Round Draw Webinar and Participant Slides01/20/2021
Click on the title for participant slides and links to the webinar.
COVID-19 Special Update: Paycheck protection program resumes and introduces a second draw01/17/2021 | SBA
SBA in consultation with the US Department of Treasury reopened the Paycheck Protection Program (PPP) for the first draw loans the week of January 11, 2021. SBA will begin accepting applications for the second draw loans on January 13, 2021.
Click the link for more details.