paycheck protection program

Congressed Passed the CARES Act for Small Businesses, Which Included PPP Loans

December 7, 2020

The Tax Consequences of a PPP Loan for 2020

ARHLaw Blog, Daniel A. Perry AR&H, Aronoff Rosen & Hunt, cares act, Daniel Perry, paycheck protection program, Taxes

2020 has been a difficult year for all people. When our country was faced with a global pandemic at a level not seen since 1918, Congress went to work and passed a series of legislation aimed at helping Americans and the small business community. These legislative acts included the Families First Coronavirus Relief Act and […]

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June 3, 2020

PPP Loan Forgiveness Applications May Be Subject to Denial and Delay

ARHLaw Blog, Daniel A. Perry, News AR&H, Aronoff Rosen & Hunt, cares act, paycheck protection program, ppp loan, small business

By Daniel A. Perry, Esq. On March 27, 2020 the United States government signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. A key part of this legislation included the Paycheck Protection Program (PPP), which provided two-year loans of up to $10 million with an interest rate of 1%. Individual small businesses were […]