Certified Public Accountants
On Wednesday, July 1 the House agreed unanimously to an extension of the Paycheck Protection Program (PPP). The five-week extension originated in the Senate on Tuesday, where it was approved late in the evening. President Trump signed the bill into law on Saturday, July 4. With around $129 billion of loan funds still available through…
On June 22, the U.S. Small Business Administration (SBA) released additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. A recent article from the Journal of Accountancy summarizes the information contained in the release. The new interim final rule primarily addresses changes made by the Paycheck Protection Program Flexibility Act of 2020. This is the…
In early March 2020, the partner group of HRC came together to discuss something none of us in our time on planet earth had face before – a global pandemic. Big questions arose: How do we keep our employees safe? How do we keep our clients safe? How do we navigate a fully remote work…
This week, the Small Business Administration (SBA) and the U.S. Department of the Treasury released new information for recipients of loans through the Paycheck Protection Program (PPP). A recent article from the Journal of Accountancy offers helpful details on the revised loan forgiveness application, the new EZ application, and the new interim final rule on…
On Wednesday night, the Senate voted unanimously in favor of the Paycheck Protection Flexibility Act. This new legislation makes key adjustments to the timeline for spending Paycheck Protection Program (PPP) funds and revises how loan recipients are required to allocate the money. Here is a brief overview of the key provisions contained in the bill:…
HRC is pleased to announce their new membership with CPAmerica. “We are very excited to form this partnership with CPAmerica,” said Jacqueline Matthew, CPA, principal of HRC. “The prestige and resources that this strategic alliance will open up for the firm are invaluable, to say the least.” CPAmerica is the ninth largest accounting organization in…
