Archive for January 2021
The Paycheck Protection Program and The Economic Aid Act: What Does it all Mean?
Signed into law on December 27, 2020, The Consolidated Appropriations Act, 2021 included $900 billion in stimulus relief, including $284 billion of additional Paycheck Protection Program (PPP) funding via the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act). Those that did not receive a First Draw PPP Loan (or that…
Read MoreSecond Draw PPP Loan Application Released by SBA
On January 8, 2021, the U.S. Small Business Administration (SBA) released the Second Draw Borrower Application Form, SBA Form 2483-SD, for borrowers seeking a Second Draw PPP Loan. IMPORTANT NOTE: Borrowers who previously returned some or all of their First Draw PPP Loan funds or did not accept the full amount will also need to submit a Borrower…
Read MoreFirst Draw PPP Loan Application Eligibility and Requirements
On January 8, 2021, the U.S. Small Business Administration (SBA) released the Borrower Application Form, SBA Form 2483, for businesses applying for a First Draw PPP Loan or requesting an increase in their First Draw PPP Loan. Existing borrowers seeking a Second Draw PPP Loan will need to submit the Second Draw Borrower Application Form, SBA Form…
Read MoreCosts and Consequences of Healthcare Data Breach
Hackers have proven that there is no boundary they will not cross. They will even hold hostage data that impacts human life. “If your data can be monetized, be assured that it is a target,” shares Aprio’s Dan Schroeder in a recent data security and compliance webinar. In this 3 and ½ minute clip, he…
Read MorePodcast: PPP Recipients Now Eligible for ERC – How to Maximize the Benefit
This is BIG NEWS for PPP borrowers: Businesses that received a PPP loan are now eligible for the Employee Retention Credit (assuming President Trump signs the Consolidated Appropriations Act of 2021 into law). Hear from Justin Elanjian, CPA and Partner at Aprio, what strategies you need to be considering when it comes to maximizing the…
Read MoreResearch & Development Tax Credit: Three and Four Point Tests
Examining PPP Updates for Your Dental Practice
State & Local Tax (SALT) Newsletter November / December 2020
https://info.aprio.com/read-aprios-november-december-2020-salt-newsletter
Read MoreWebinar: Unpacking PPP Updates from the Latest Stimulus Bill
The Consolidated Appropriations Act, 2021 (the Act) was passed by Congress on December 21 and includes some significant changes to the Paycheck Protection Program (PPP). The Act not only provides for a second draw for certain borrowers, but it includes a flurry of changes to existing PPP loans, highlighted by modifications to the tax implications,…
Read MoreEducation Investments Post Pandemic
The pandemic has been jet fuel for education trends that were already underway. And the “digital natives” of generation Z will help build upon this progress and take education into a brighter, more connected, hybrid future. From preschool to higher ed, what are the post-pandemic growth opportunities as students once again fill classrooms around the…
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