by Kevin O'Connor | Oct 9, 2020 | Finance, Government
By Kevin O’Connor & Jennifer Hart The Small Business Administration (SBA) recently released a Procedural Notice concerning changes of ownership for Paycheck Protection Program (PPP) loan borrowers (the “Notice”). Since the first days of the PPP loan program,...
by Kevin O'Connor | Aug 28, 2020 | Finance, Government
By Kevin O’Connor & Jennifer Hart This week, the Small Business Administration (SBA) and Treasury Department issued an interim final rule that once again updated the parameters for forgiveness of Paycheck Protection Program (PPP) loans. Specifically, the new...
by Kevin O'Connor | Apr 27, 2020 | Finance, Government
By Kevin O’Connor In reviewing the materials we’ve sent previously, we thought it might be helpful to focus a bit on three concepts, all of which are vital to understanding the Paycheck Protection Program (PPP) process under the Coronavirus Aid, Relief and Economic...
by Kevin O'Connor | Apr 13, 2020 | Finance, Government
By Kevin O’Connor & Demetrius Robinson Under the Bipartisan Budget Act of 2015 (BBA), effective after Dec. 31, 2017, the IRS went to a centralized partnership audit regime (CPAR) for most partnerships. Unless the partnership was eligible and made an election to...
by Kevin O'Connor | Apr 2, 2020 | Finance, Government
By Kevin O’Connor, Anne Corrigan & Jon Pinney KJK has obtained the Small Business Administration’s (SBA) Interim Final Rule for the Paycheck Protection Program, which is designed to provide economic relief to small businesses across the country affected by...