The Paycheck Protection Flexibility Act was signed by the President on June 5 and grants more flexibility to borrowers seeking forgiveness of their PPP loans. Learn more about the Act’s extensions and adjustments.
The week of April 20, Congress passed another coronavirus aid package that included $310 billion to replenish the Paycheck Protection Program as well as $50 billion for the Economic Injury Disaster Loans (EIDL) and $10 billion for EIDL grants. See the differences in benefits of these two programs.
When passed, the Families First Coronavirus Response Act had many implications for businesses. Chris Laughton highlights how the FFCRA impacts payroll and tax credits for businesses during the COVID-19 pandemic.