PPP Loan Forgiveness – 3 Phases of Documentation

We are here with another PPP update and message.  By now, dealing with the PPP Loan program has become a daily conversation that you are probably ready to bring to an end.  Please do not get discouraged.  We are here to help as you go through the “Covered” period to...

SBA’s April 23 FAQ 31/37 – More Guidance on PPP Loans

In light of some public companies and some other large and/or wealthy organizations (for example, the LA Lakers) receiving PPP loans, the government has expounded on who should have and have not received a PPP Loan.  Under the original CARES Act, the PPP funding was intended to help businesses where...

Important NC Sales Tax Update

A major revision to the North Carolina Sales Tax rules in 2016 created major headaches for many small businesses and consumers.  In August, the NC Legislature passed legislation that is intended to alleviate one aspect of the headache.  No, it is not repeal of the “RMI” provisions (sales tax applicable...