Deadline Coming: Follow Up on Your PPP Loans

Payroll Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging Read More


Kirsch CPA Group

Aug 19, 2021

Does Your Business Qualify for the Employee Retention Credit (ERC)?

The Employee Retention Credit (“ERC”) was originally enacted as part of the first wave of pandemic relief in March of 2020. Since then, it has been modified and expanded to make many small businesses eligible. Read More


Sam Brizgis

Jun 24, 2021

PPP Loan Changes Included in the New Appropriations Act

The Consolidated Appropriations Act (CAA) extends, liberalizes and expands the Paycheck Protection Program (PPP). Originally established by the CARES Act, the PPP expired on August 8, 2020. Now the CAA resurrects it. Here are the Read More


Kirsch CPA Group

Jan 21, 2021

Covid Relief – Second Act Stimulus

On Monday, December 21, 2020, Congress voted to approve a long-awaited stimulus related to the ongoing Covid-19 Coronavirus pandemic. The legislation is expected to be signed into law this week. The bill contains numerous provisions Read More


Ryan Kilpatrick

Dec 22, 2020

PPP Loan Not Forgiven? There’s a Safe Harbor for Deducting Expenses

The IRS recently issued guidance that provides a safe harbor allowing certain taxpayers to claim a deduction in 2020 for some otherwise deductible eligible expenses if the taxpayers received Paycheck Protection Program (PPP) loans. (Revenue Read More


Kirsch CPA Group

Dec 03, 2020

PPP Loan Forgiveness – Significant Borrower Friendly Changes on the Horizon

Late on June 3, 2020, the US Senate unanimously passed legislation that provides significant relief for PPP loan borrowers. This Senate action mirrors legislation passed earlier in the week by the US House of Representatives Read More


John Kirsch

Jun 04, 2020