On May 5^th, 2020, the Small Business Administration (SBA) and Treasury Department issued updated Paycheck Protection Program (PPP) FAQs. At that time, many businesses that had submitted a PPP loan application were considering whether they should return …

The IRS has posted FAQs for the Employee Retention Credit (ERC) included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act enacted on March 27, 2020. FAQ topics provide the latest perspective of the Treasury Department regarding eligibility requirements, …