Jun 22, 2020 | GTM Business Blog isolved
The Small Business Administration (SBA) and Department of Treasury recently released a streamlined loan forgiveness application called the EZ Forgiveness Application. This newly released three-page EZ application is significantly shorter than the traditional loan...
Jun 4, 2020 | GTM Business Blog isolved
On Wednesday, June 3, the U.S. Senate passed the Paycheck Protection Flexibility Act (PPFA), which makes changes to the forgiveness aspect of the Paycheck Protection Program (PPP). These PPP loan forgiveness changes include tripling the time that small businesses and...
May 26, 2020 | GTM Business Blog isolved
To help small businesses – especially minority and women-owned small businesses – that did not receive a Small Business Administration (SBA) Paycheck Protection Program (PPP) or SBA Economic Injury Disaster Loans (EIDL), Governor Cuomo announced the creation of the...
May 19, 2020 | GTM Business Blog isolved
On Friday, May 15, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) loan forgiveness application and instructions. The form and instructions inform borrowers how to apply for forgiveness for a PPP loan, consistent with the...
Apr 30, 2020 | GTM Business Blog isolved
As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), businesses may defer payment of employer payroll taxes imposed between the enactment of this law (March 27, 2020) and December 31, 2020. Half of the deferred taxes are due by December 31,...
Apr 24, 2020 | GTM Business Blog isolved
House of Representatives Approves $484 Billion Coronavirus Relief Package On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the latest coronavirus relief package, which includes funding for small businesses, hospitals and coronavirus...
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