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Apparel Retail Looks to Stimulus, PPP to Weather Ongoing Slump yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Paycheck Protection Program may be extended through May 31 to provide aid to small businesses yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Wednesday, January 13, 2021 On December 27, 2020, the President signed the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act of 2020 (the “Economic Aid Act”). In addition to extending the Paycheck Protection Program (“PPP”) for first time and second draw borrowers, the Act also included numerous tax provisions, some of which clarified a number of outstanding questions regarding the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”) and other previous United States federal stimulus programs. While there is too much to unpack from the Economic Aid Act in a single update, the following is a brief summary of some of the primary tax provisions included in the Economic Aid Act: ....