Jan 8, 2021 | COVID-19 Response, Firm Updates
On January 6, 2021, the Small Business Administration released additional guidance relating to the Paycheck Protection Program (PPP) Second Draw Loans. This program was made available as part of the Consolidated Appropriations Act of 2021 under the Economic Aid to...
Jan 1, 2021 | Firm Updates
Accounting and business consulting firm Sciarabba Walker & Co., LLP announces the promotion of Christopher Hart to Partner, effective January 1, 2021. Mr. Hart joined Sciarabba Walker in 2008 and currently serves as head of the firm’s Tax Department. He focuses on...
Jan 1, 2021 | COVID-19 Response, Firm Updates
On December 21, 2020, the U.S. Senate and House of Representatives voted to approve the Consolidated Appropriations Act of 2021. Sections 206 and 207, Title II of Division EE, Taxpayer Certainty and Disaster Tax Relief Act (TCDTR) of 2020 modify and extend the...
Dec 22, 2020 | COVID-19 Response, Firm Updates
On December 27, 2020, the Consolidated Appropriations Act of 2021 was signed into law. Below, we’ve outlined some of the bill’s key provisions. Additional PPP “First Draw” Guidance Provides guidance on how to calculate the maximum First Draw...
Dec 22, 2020 | COVID-19 Response, Firm Updates
On December 21, 2020, the U.S. Senate and House of Representatives voted to approve the Consolidated Appropriations Act of 2021. Title III – Continuing the Paycheck Protection Program and Other Small Business Support in the Act provides for a “second draw” PPP...
