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PPP Loan Forgiveness Workbook
Though the workbook is no longer available, the team at ARB is here to help with PPP forgiveness and other pandemic related business needs. Contact
PPP Services Group Supports Businesses Through the PPP Loan Forgiveness Application Process
Since the program’s onset in early April, the Paycheck Protection Program (PPP) has provided critical support across the U.S. to nearly 4 million businesses affected
IRS Provides 2020 Required Minimum Distribution Rollover Relief
On June 23rd, the IRS issued Notice 2020-51, which provides far-reaching relief for taxpayers who took required minimum distributions (RMDs) in 2020 from their IRAs
New PPP Loan Forgiveness Provisions Introduced in Latest SBA/Treasury Interim Final Rule
Last week, the SBA, in conjunction with the U.S. Treasury, issued the revised PPP Loan Forgiveness Application, which incorporates changes as a result of the
SBA and US Treasury Issue Updated PPP Guidelines on Loan Forgiveness & Transparency
The SBA and Treasury have issued a number of new guidelines in recent weeks that affect both current and potential PPP loan recipients. We have
Webinar: PPP Flexibility Act
Yet another change to the PPP loan program was signed into law on June 5th by President Trump, the Paycheck Protection Program Flexibility Act of
What Individual Taxpayers Should Know About 2021 Tax Limits
It’s that time of year again where the new 2021 tax limit amounts are being announced. These amounts are those tax items which may adjust
Governor Mills Submits Budget Proposal: What Changes for Maine Taxpayers?
On January 25th, Maine Governor Janet Mills submitted a budget proposal to the Legislature that included a supplemental budget for fiscal year 2021 and a
SBA’s Shuttered Venue Operators Grant Program
The Shuttered Venue Operators Grant (SVOG), a program established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, makes $15 billion in
SBA’s Payments Toward Certain 7(a) Loans, 504 Loans & Microloans Are Nontaxable
Section 1112 of the CARES Act required the SBA to make payments for a period of 6 months to cover principal, interest, and any associated
SBA Offers One-Year Extension to Eligible 8(a) Business Development Program Participants
The SBA is offering an extension of the 8(a) Business Development Program (the 8(a) Program) to certain participants due to COVID-19. To account for a