by Frost PLLC | May 26, 2020 | Agriculture, Business Advisory, CARES Act, COVID-19
Author: Lindsey Jackson, CPA | Tax Manager Late Friday the SBA published an Interim Final Rule addressing several items related to PPP loan forgiveness. The IFR is rather lengthy at 26 pages, but does address many frequently asked questions we have received the past...
by Frost PLLC | May 14, 2020 | Agriculture, Business Advisory, CARES Act, COVID-19, PPP Program, Small Business, Tax
Our prior announcement of May 6th provided information on additional guidance issued for the Paycheck Protection Program (PPP) regarding the repayment of funds received. Initially the guidance provided that recipients of PPP funds had until May 7th to...
by Frost PLLC | May 11, 2020 | Uncategorized, Financial Services, Small Business, Tax
The current market conditions created by the COVID-19 pandemic have forced businesses across the country to grapple with a number of difficult challenges. With the stock market dropping to historic lows and closely-held family businesses experiencing a downturn in...
by Frost PLLC | May 6, 2020 | COVID-19, CARES Act, PPP Program, Small Business
On Monday, May 4th N.C. governor Roy Cooper signed House Bill 1043 which included $125 million to provide funding for the NC COVID-19 Rapid Recovery Loan Program. This program seeks to assist North Carolina businesses by providing additional funding to small...
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