BPE Law

Payroll Protection Program

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  • IRS Releases New PPP Guidance on Deductibility of Covered Business Expenses

    IRS Releases New PPP Guidance on Deductibility of Covered Business Expenses By: D. Keith Dunnagan, Esq. December, 2020 We remember those days just a few months back when the weekly unemployment numbers showed millions of new filings each week. Businesses were shuttered and revenues were coming to a screeching halt. The government put money into […]

    Update on PPP Forgiveness and Impacts

    Update on PPP Forgiveness and Impacts By: D. Keith Dunnagan, Esq. September 15, 2020   Under the CARES Act, the Payroll Protection Program (“PPP”) was implemented providing financial relief to small businesses. In May of this year, the SBA rolled out its initial version of the loan forgiveness application. Subsequently, the PPP Flexibility Act (“PPPFA”) […]