The Small Business Administration has released the Paycheck Protection Program (PPP) Loan Forgiveness Application, along with detailed instructions that can be accessed through the following link:  PPP Loan Forgiveness Application This information was highly...

Just this morning, the SBA issued updated FAQs related to the Paycheck Protection Program (PPP) loans.  Specifically, FAQ 46 provides safe-harbor guidance for borrowers when reviewing their good-faith certification concerning the necessity of their loan request.  FAQ...

Late Tuesday, the SBA issued updated FAQs related to the Paycheck Protection Program (PPP) loan.  For borrowers who are currently considering repayment by May 7th per FAQs 31 & 37, please note that the answer to FAQ 43 extends the safe harbor repayment deadline...

As the United States begins the process of reopening, the health and safety of our people, clients and community remains our first priority. We are continuing to monitor the evolving situation of the COVID-19 virus and responding as necessary. Based on the most recent...

Over the past several days there has been significant media attention and new guidance issued relative to the SBA’s Paycheck Protection Program (PPP) loans.  What’s emerging is additional information related to eligibility for the loans and post loan reviews planned...

Key Business Provisions Small Business Loans – the Paycheck Protection Program The CARES Act provides that businesses with fewer than 500 employees, including sole proprietors and nonprofits, will have access to nearly $350 billion in loans under Section 7 of the...

Taxpayers and tax preparers received welcome news on Friday when the IRS announced through Notice 2020-18 that it would move the April 15th filing due date back to July 15th to match the previously delayed payment deadline announced earlier last week. As of March...

The health and safety of our people, clients and community is our first priority.  We are actively monitoring the evolving situation of the COVID-19 virus and responding as necessary.  Based on the most recent CDC guidance, Coulter & Justus is transitioning to a...

Amanda Mynatt, CPA, has joined Coulter & Justus, P.C. as a senior accountant in the tax department. Amanda holds a Bachelor’s Degree in Accounting From the University of Tennessee at Chattanooga and a Master’s of Business Administration from Lincoln Memorial...