Alexis Schostak

Dykema Gossett PLLC

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Good News for Small Businesses: PPP Loan Program Deadlines Extended!

USA - March 30 2021 It is expected that President Biden will sign the PPP Extension Act of 2021 passed by the House of Representatives on March 16, 2021, and the Senate…

Thomas S. Vaughn.

The Gift That Keeps Giving: PPP Loan Program Extended Again

USA - March 30 2021 It is expected that President Biden will sign the PPP Extension Act of 2021 ("PPP") passed by the House of Representatives on March 16, 2021, and the…

Thomas S. Vaughn.

PPP Loans REDUX

USA - January 21 2021 On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the "Economic Aid Act") was enacted which, among…

Emphani Aldridge, Thomas S. Vaughn.

United States Congress Extends PPP Loan Application Deadline to August 8, 2020

USA - July 2 2020 The extension permits eligible businesses to continue to apply for PPP loans through August 8, 2020, but does not permit existing PPP borrowers to…

Mary Beth L. McGowan, Thomas S. Vaughn.

Tax Deferral of Employer’s Portion of Social Security Taxes Under Section 2302 of the CARES Act Now Available for PPP Borrowers Without Exception

USA - June 5 2020 Pursuant to the Paycheck Protection Program Flexibility Act of 2020, which was enacted into law on June 5, 2020, taxpayers who take out a loan under…

Asel Lindsey, Thomas S. Vaughn.