The US Small Business Administration (SBA) has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants. … [Read more...]
SBA Issues First Guidance for PPP Flexibility Act
June 12, 2020
Highlights of SBA Interim Final Rule (IFR) Guidance President Trump signed into law the Paycheck Protection Program Flexibility Act on June 5, 2020. On … [Read more...]
Paycheck Protection Flexibility Act
June 4, 2020
On June 3, the U.S. Senate unanimously passed the Paycheck Protection Flexibility Act and on June 5, President Trump signed the Act. The flexibility provisions … [Read more...]
COVID-19 Firm Update
June 1, 2020
Covid-19 Firm Update CDS, CDSA, and CDS Financial Services are available for in-office appointments starting Monday, June 8. Please contact your accountant or … [Read more...]
PPP Loan Forgiveness Interim Final Rule
May 26, 2020
The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness … [Read more...]
SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Details
May 16, 2020
On Friday evening, May 15, 2020, the U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck … [Read more...]
AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program
May 15, 2020
The AICPA has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and … [Read more...]
PPP Loan Tracking and Recording Expenses in QuickBooks Desktop
May 7, 2020 by Ryan Michelson
Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks for how to record the funds received from the Paycheck … [Read more...]
PPP Loan Tracking and Recording Expenses in QuickBooks Online
May 7, 2020
Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks Online for how to record the funds received from the Paycheck … [Read more...]
