Below is a list of publications and thought leadership related to the Paycheck Protection Program (PPP) and its business impact.

To browse more coronavirus-related thought leadership, please visit HoganTaylor’s Online COVID-19 Resource Center.

COVID Keeps Bringing Headaches to Our Lives

By Denise Felber, CPA, Tax Partner In conformance with CDC guidelines, the IRS employees have been working remotely and/or have been limited in time spent in the office due to social distancing.  This has generated a HUGE backlog of correspondence, … Continued

Employee Retention Credit (ERC)

By Denise Felber, CPA, Tax Partner For more information eligibility for the Employee Retention Tax Credit (ERTC) or a refund of the credit on your prior payroll taxes, read Further Detail Regarding Government Shutdown & Revenue Decreases Period of availability:  March … Continued

Congress Has Enacted Historic Pandemic Relief Bill… Again

UPDATE: This article has been updated to reflect the legislation’s passage into law on December 27, 2020 For more information on how this law impacts the Paycheck Protection program, read Updates to the Paycheck Protection Program On December 27th, congressional … Continued

Updates to the Paycheck Protection Program

UPDATE: This article has been updated to reflect the legislation’s passage into law on December 27, 2020 By Clay Glasgow, CPA, ABV, CFF, CFE, Advisory Partner and Leah McLain, CPA, Advisory Practice Consulting Manager For more information on the tax … Continued

Overview of SBA Guidance on PPP Loans and Changes in Ownership

By Clay Glasgow, CPA, ABV, CFF, CFE, HoganTaylor Advisory Partner On October 2, 2020, the SBA issued a Procedural Notice with guidance regarding changes in ownership of an entity that has received PPP funds. The Notice defines “change of ownership” … Continued

What You Need to Know About COVID-19 and the R&D Tax Credit

By Jason Shultz, CPA, Assurance Partner, HoganTaylor LLP Many businesses have taken advantage of the R&D tax credit. With the pandemic, there are opportunities and legislation that could impact your credit. We’ve also found that far too many businesses have … Continued

SBA Publishes New FAQs Clarifying PPP Loan Forgiveness

By Leah McLain, CPA, Advisory Practice Consulting Manager, HoganTaylor LLP. On August 4, 2020, the US Small Business Administration (SBA) released a series of new Frequently Asked Questions (FAQs) specifically addressing Paycheck Protection Program (PPP) loan forgiveness.  The FAQs can … Continued