866.464.2839 | info@calibrecpa.com

COVID-19 Updates

Expansion of PPP to Certain 501(c)(6) Organizations

Certain section 501(c)(6) organizations are now eligible for Paycheck Protection Program (PPP) loans under the Economic...
Read More

SBA Issues Questionnaires to Large Paycheck Protection Program (PPP) Borrowers

The Small Business Administration (SBA) is seeking permission from the Office of Management and Budget (OMB)...
Read More

IRS Guidance on Payroll Tax Deferral Order

On August 28, 2020, the Internal Revenue Service (IRS) issued Notice 2020-65 to provide needed guidance...
Read More

Single Audit Requirements: SBA Loan Program

Small Business Administration (SBA) Paycheck Protection Program (PPP) loans, administered under the 7(a) guaranty loan program,...
Read More

Employee Retention Credit – Updated Guidance

The CARES Act provides employers with an Employee Retention Credit to assist in retaining employees throughout...
Read More

Treasury Department Issues New Guidance on Certification Relating to PPP Necessity

Following extensive publicity regarding large or publicly-traded businesses that have received loans under the Paycheck Protection...
Read More

Major Deadline Shift for Tax Returns to July 15, 2020

On Thursday, April 9, 2020, the Internal Revenue Service (IRS) announced expanded Coronavirus related relief, granting...
Read More

Payroll Tax Credit for Employee Retention

  As part of the ongoing effort to provide relief from the COVID-19 emergency, Congress passed,...
Read More

Income Tax – State Filing Relief

With the federal income tax deadline postponed until July 15, 2020 due to the COVID-19 emergency,...
Read More