Agriculture

vineyard at sunset

Treasury issues interim final rules on updated PPP guidance

January 8, 2021

Two new interim final rules for the Paycheck Protection Program (PPP) have been released from the Small Business Administration (SBA) and Treasury in response to…

Read More
vineyard at sunset

Congress passes second Coronavirus relief bill, includes new funding and updates to PPP

December 22, 2020

The U.S. House of Representatives and U.S. Senate have passed the¬†Coronavirus Response & Relief Supplemental Appropriations Act, and President Trump has signed the bill. The…

Read More
vineyard at sunset

Guidance issued on deductibility of expenses with a PPP loan

November 19, 2020

On Nov. 18, the IRS and Treasury issued Revenue Ruling 2020-27 which provides long-awaited guidance on the tax treatment of expenses related to Paycheck Protection Program (PPP) loans. The…

Read More
vineyard at sunset

2020 tax planning considerations for businesses, individuals

November 13, 2020

 This year has been unique and beyond comparison in many ways, and tax planning is just one of the implications of current events. Both individual…

Read More
vineyard at sunset

Tax planning considerations: Election results, sunset provisions

November 13, 2020

According to news outlets, as of this writing, Joe Biden has been named the president-elect of the U.S. Vote counting is still ongoing and election…

Read More
vineyard at sunset

Understanding the 3 PPP forgiveness applications: Which one to use

November 5, 2020

The Paycheck Protection Program (PPP) from the Small Business Administration (SBA) and Treasury has had many updates over the past few months including changes to…

Read More
vineyard at sunset

House, Senate approve 5-week PPP loan application extension

July 2, 2020

The U.S. Senate and House of Representatives have both unanimously agreed to extend the Paycheck Protection Program (PPP) by five weeks in an effort to…

Read More
vineyard at sunset

SBA issues update first PPP interim final rule following PPP Flexibility Act

June 10, 2020

On June 10, 2020, the Small Business Administration (SBA) issued an updated interim final rule for the Paycheck Protection Program (PPP) in response to the…

Read More
vineyard at sunset

PPP Extension Bill

June 5, 2020

On June 5, 2020, the president signed into law the Paycheck Protection Program Flexibility Act after it passed the Senate with a unanimous vote. The…

Read More
vineyard at sunset

Paycheck Protection Program (PPP) Loan Instructions and Tips

March 31, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide…

Read More