by Christy Lee | Apr 27, 2020 | Cracking the Tax Code with Christy
The Paycheck Protection Program is intended to protect ongoing operations of businesses during government mandated stay at home orders that have greatly shuttered businesses nationwide. These loan proceeds may be forgiven if businesses maintain similar levels of...
by Christy Lee | Apr 24, 2020 | Cracking the Tax Code with Christy
Last week additional guidance about the Paycheck Protection Program came out for sole proprietors and independent contractors. Pay close attention to these requirements as they are different from those for small companies or partnerships. Although sole proprietors...
by Christy Lee | Apr 23, 2020 | Cracking the Tax Code with Christy
Over the last two days we have received a slew of questions about how partnerships are treated in the Paycheck Protection Program. Not as much guidance exists for partnerships, but they were addressed in the Interim Final Rule issued on April 14th. If you have a...
by Christy Lee | Apr 22, 2020 | Cracking the Tax Code with Christy
Today I hosted my first-ever webinar, and it was a success – I was having a good hair day! It provided participants a prime opportunity to get acquainted with the new PPP regs and rules, which, like all things governmental, have been in constant flux so far. We...
by Christy Lee | Apr 17, 2020 | Cracking the Tax Code with Christy
You have probably seen on the news that the funds for the Paycheck Protection Program loan program have been exhausted. What does that mean for you? If you’ve already applied but have not heard back from your lender, hold tight. You may still have been approved and...