We have rescheduled this webinar due to the delay in the release of the new regulations from the SBA, the new date is April 1st. The $1.9 trillion American Rescue Plan Act of 2021 (“ARPA”) is the second-largest government economic stimulus package in US history, coming a little less than a year after the $2.2 Read the full article…
![[Webinar] PPP 2021 Program – Updates on Loan Applications, Rule Changes, Eligibility, Forgiveness, and Interaction with ERTC](https://www.krostcpas.com/wp-content/uploads/Webinar_-PPP-Second-Draw-Program-–-Rules-for-Eligibility-and-Forgiveness-2.jpg "[Webinar] PPP 2021 Program – Updates on Loan Applications, Rule Changes, Eligibility, Forgiveness, and Interaction with ERTC")
The PPP loan program is evolving fast with new rules on Second Draw applications, including a 2-week pause on companies with 20 or more employees and new calculations for sole proprietors. In addition, both the lenders and the SBA are reviewing, rejecting, and putting holds on many applications because of API errors, compliance failures, and Read the full article…
![[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process](https://www.krostcpas.com/wp-content/uploads/PPP-Second-Draw-Loan-Program-the-Revised-Employee-Retention-Credit-–-Eligibility-and-Process-1.jpg "[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process")
Paren Knadjian (Practice Leader, M&A, and Capital Markets), Stacey Korman, CPA (Principal), Sossi Bekarian, CPA (Senior Manager), and Jeff Kamin, CPA (Manager, Accounting, ERTC) will host a free webinar on the PPP Second Draw Program & Employee Retention Credits. They will review the details of the recently passed Coronavirus Response & Relief Supplemental Appropriations Act Read the full article…
The Novel Coronavirus has had a huge impact all over the world. People in quarantine are forced to stay home, many kids are now homeschooled, and businesses are closed. To help Americans get through this crisis, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into effect on March 27, 2020. The Read the full article…
![[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart](https://www.krostcpas.com/wp-content/uploads/The-Economic-Injury-Disaster-Loan-EIDL-Program-vs-The-Paycheck-Protection-Program-PPP-1.jpg "[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart")
Updated on April 7, 2020 – Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. In addition to Read the full article…
![[Updated] PPP Budgeting and Forgiveness Tool](https://www.krostcpas.com/wp-content/uploads/Updated-PPP-Tool-1.jpg "[Updated] PPP Budgeting and Forgiveness Tool")
Our PPP Budgeting and Forgiveness Tool has been updated to conform to new rules and updates from the SBA, including the new categories of covered expenses. KROST’s PPP Budgeting and Forgiveness Tool allows you to budget and plan the use of PPP loan proceeds, on a month-by-month basis, to optimize forgiveness. This includes detailed staff Read the full article…
