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Forgiveness in 2021: How the Economic Aid Act is Changing PPP – Focusing on Loans Above $150,000

01-28-2021

The Economic Aid Act signed on December 27, 2020, reopened the SBA’s Paycheck Protection Program – and made significant changes to the forgiveness process. Viventium continues to deliver the insight and hands-on analysis you need to maximize your grant amount while complying with the SBA’s complex forms, rules, and guidance. If your 1st or 2nd draw loan … Continue reading Forgiveness in 2021: How the Economic Aid Act is Changing PPP – Focusing on Loans Above $150,000

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Forgiveness in 2021: How the Economic Aid Act is Changing PPP – Focusing on Loans of $150,000 or Less

01-28-2021

The Economic Aid Act signed on December 27, 2020, reopened the SBA’s Paycheck Protection Program – and made significant changes to the forgiveness process. Viventium continues to deliver the insight and hands-on analysis you need to maximize your grant amount while complying with the SBA’s complex forms, rules, and guidance. If your 1st or 2nd draw loan … Continue reading Forgiveness in 2021: How the Economic Aid Act is Changing PPP – Focusing on Loans of $150,000 or Less

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PPP1, PPP2, and You: Understanding the Latest SBA Rules

01-08-2021

On January 6, the Small Business Administration issued two interim final rules, implementing the Economic Aid Act’s expansion of the Paycheck Protection Program. Hear from Viventium’s veteran payroll compliance expert Yonina F. Shineweather, CPA, to learn about: The 5 prerequisites for obtaining a second-draw loan; The window for applying for second-draw loans; Which payroll costs … Continue reading PPP1, PPP2, and You: Understanding the Latest SBA Rules

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Additional Coronavirus Response and Relief: Analysis and Action

12-29-2020
Steve DiOrio

On December 27, President Trump signed the Consolidated Appropriations Act, 2021, containing $900 billion in COVID-19 relief. The payroll-related relief in this mammoth budget law appears in Divisions N and EE, as follows: The COVID-related Tax Relief Act of 2020 (extension of FFCRA credits) The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act … Continue reading Additional Coronavirus Response and Relief: Analysis and Action

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Additional Coronavirus Response and Relief: What’s Old, What’s New, What’s in Doubt

Written Monday, Dec. 28, 2020, at 6:30 AM After veiled veto threats, expiration of extended unemployment benefits and a cliffhanger government shutdown showdown, the Consolidated Appropriation Act, 2021, is now the law. Late Sunday night, December 27, President Trump signed into law the 32 Divisions(!) of the mammoth Act, including Divisions N and EE which … Continue reading Additional Coronavirus Response and Relief: What’s Old, What’s New, What’s in Doubt

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