Client Portal Login [email protected]
Client Portal Login
Bashore Reineck Stoller & Waterman Inc
  • Services
    • Tax Services
    • Accounting & Auditing
    • Consulting Services
    • Payroll Services
  • Our Firm
    • About Us
    • Principals and Staff
    • Professional Associations
    • Community
  • Who We Serve
  • News
  • Contact Us
Select Page

PPP Forgiveness Updates with Recently Passed Legislation

On June 3, 2020 the U.S. Senate passed the Paycheck Protection Flexibility Act, which extends the time allotted for Paycheck Protection Program (PPP) borrowers to spend their PPP funds and still qualify for forgiveness of the loans. The new legislation also changes the amount of the PPP funds required to be spent on payroll from 75% down to 60%.

 

Read more on the main points of this new legislation in this article from the AICPA:

PPP forgiveness changes coming as Senate passes House bill

 

News

  • BRSW Information Updates from Recent Tax Law Change
  • Second Round of Economic Impact Payments to be Delivered Soon
  • Congress Passes New Relief Bill
  • BRSW 2020 Newletter
  • IRS Identity Protection PIN Program Available Soon
  • PPP Tax Planning Issues and Update
  • Nonprofit Reimbursing Relief Grants Available for Ohio Not-for-Profits
  • Paulding Office Looking for an Assistant Secretary
  • Additional Information on Ohio Grant
  • Farmer Year End Planning Options
  • Grants Available for Eligible Ohio Small Businesses Impacted by COVID
  • CARES Small Business Relief for Van Wert County Businesses
  • PPP Forgiveness Simplification for Loans <$50,000
  • October 15th Tax Filing Deadline is Coming Soon
  • Payroll Tax Deferral Guidance
  • Tips Regarding PPP Forgiveness
  • IRS To Open Taxpayer Phone Lines Soon
  • PPP Program Deadline Extended for 5 Weeks
  • PPP Loan Recipients Information to Be Published for Loans above $150,000
  • PPP Application Deadline is Tomorrow (6/30/20)
  • Facebook
  • Twitter
Copyright © 2021 Bashore Reineck Stoller & Waterman Inc | ALL RIGHTS RESERVED | Website design: Manz Web Designs, LLC