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

Senate Passes Paycheck Protection Program Flexibility Act, Sent to POTUS for Signature

Last night, the Senate passed the Paycheck Protection Program…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

The Impact of a Declined Re-Hire Offer on Loan Forgiveness

While we wait to find out if the Senate approves the bill to…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

May 28, 2020 Update: Summary of Paycheck Protection Program Loan Forgiveness Application

  On May 15, 2020, the SBA released the Paycheck Protection…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

House Passes Bill to Loosen Paycheck Protection Program Restrictions

The House passed a bill today to loosen restrictions of the Paycheck…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Pennsylvania Real Estate Reopening

We were pleased to hear Gov. Tom Wolf gave the green light to…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Two New Interim Final Rules Released by SBA on PPP

Happy Memorial Day Weekend. While this is not the way most of…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

The Economic Injury Disaster Loan Program

While many of our recent updates have focused on the CARES Act…