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Daily Update COVID-19 From the Business Accountants at Wouch Maloney

GAAP Considerations for PPP Loans

Over the past few months, many businesses have been fortunate…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

City of Philadelphia Announces Wage Tax Rate Increase for Non-Residents Starting July 1, 2020

Today, the City of Philadelphia Department of Revenue sent an…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

SBA Releases a New Interim Final Rule Today – June 23, 2020

Revisions to Loan Forgiveness Interim Final Rule and SBA Loan…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Update for Employers regarding Pennsylvania Unemployment

On Thursday, our Daily Update covered what business owners need…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Pennsylvania Unemployment – What You Need to Know

We are receiving calls from clients regarding notices they received…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Revised PPP Loan Forgiveness Application Released by SBA

Yesterday, June 16, 2020, the SBA released the long-awaited revised PPP…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Main Street Lending Program Open for Lender Registration

For the past few months, most business loan conversations focused…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Partial Forgiveness for PPP Still Possible If 60% Threshold on Payroll Costs Are Met

Business owners who received a PPP loan will no longer fret over…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Time for Businesses to Review and Revise Budgets for 2020

We are in month six of 2020. The halfway mark for some, and year-end…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

PPP Flexibility Act Signed into Law by POTUS

As another work week concludes in America, PPP borrowers have…
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