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...

The Coronavirus Aid, Relief, and Economic Security Act – The CARES Act

Update 4:45 p.m. March 27, 2020 Key Business and Personal Provisions of the CARES Act Friday afternoon, March 27, the President signed the CARES Act which will provide over $2 trillion in relief to individuals and businesses. Below, is a summary of the key personal...