Qualified Disaster Payments Under IRC 139

Since the application period opened on Friday, April 3, 2020, businesses have lined up in an effort to secure funds through the Paycheck Protection Program (PPP) from the Small Business Administration (SBA). The rumored number of applications received by individual...

Paycheck Protection Program Application Updated

The U.S. Department of Treasury released more information on the Paycheck Protection Program (PPP) on the evening of April 2, 2020. These updated guidelines are titled “Interim Final Rule” and include an updated application. Applications through...