President Biden signed into law the PPP Extension Act of 2021 (H.R. 1799). The bill extends to May...
Select Page
Business Operations
COVID Related News
PPP to Stop Taking Applications March 31
Unless extended by Congress, applications for new first- or second-draw PPP loans must be filed by...
SBA Issues Updated PPP Loan FAQs
The Small Business Administration has updated its Paycheck Protection Program (PPP) FAQs to...
Administration Increases Lending to Small Businesses in Need, Announces Changes to PPP
Small businesses account for 44 percent of U.S. GDP, create two-thirds of net new jobs, and employ...
OSHA Releases New Guidance to Help Employers Identify and Mitigate Risks of COVID-19 Exposure
The Occupational Health and Safety Administration has released new guidance for employers and...
SBA Issues New PPP Loan Forgiveness Guidance and Documents
New Small Business Administration PPP Rollout: UPDATE 4 SBA is making $284 billion available for...
SBA reopens PPP loan program: UPDATED
The Small Business Administration has reopened its Paycheck Protection Program (PPP) in accordance...
IRS offers guidance on deducting PPP expenses
The Internal Revenue Service and the Treasury Department released guidance Wednesday on claiming...
SBA makes no changes to Large Borrower Questionnaire, seeks additional comments
SBA Makes No Changes to Large Borrower Questionnaire, Seeks Additional Comments Paycheck...
U.S. Department of Labor Issues Worker Classification Rules
On Jan. 7 the Department of Labor published a final rule that helps clarify how to distinguish an...
FFCRA mandated leave requirements expired Dec. 31, 2020; Voluntarily option extended until March 31, 2021
The mandatory requirement that employers provide emergency paid sick and expanded family and...
COVID-19 relief bill addresses key PPP issues
The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID-19 relief...
New COVID Relief Package Includes Several Provisions Important to Dealers
Congress has cleared the way for President Trump’s expected signature another pandemic relief...
SBA Large Borrower Questionnaire
NADA Comments on SBA Large Borrower Questionnaire Paycheck Protection Program (PPP) lenders have...
NADA Comments on SBA Large Borrower Questionnaire
Paycheck Protection Program (PPP) lenders have been distributing SBA Form 3509 to PPP borrowers...
IRS clarification of nondeducibility of PPP-funded expenses draws congressional opposition
IRS Clarification of Nondeducibility of PPP-Funded Expenses Draws Congressional Opposition...
Update for dealers with PPP loans over $2 million
We continue to hear from Dealer Members who received PPP loans in excess of $2 million. We have...
SBA issues loan certification questionnaire for PPP borrowers with loans of $2M or more
Pursuant to the Paperwork Reduction Act (PRA), the SBA is seeking comment on a...
Warning: New COVID-related text scam
WASHINGTON – The Internal Revenue Service, state tax agencies and the tax industry is warning of a...
PPP Borrowers of $2M or More Must Submit SBA Questionnaire to Their Lenders
PPP Borrowers of $2M or More Must Submit SBA Questionnaire to Their Lenders Paycheck Protection...