SBA, Treasury & IRS release interim final rules on PPP loan forgiveness and tax credits

1.Business Loan Program Temporary Changes; Paycheck Protection Program –
Requirements – Loan Forgiveness

https://home.treasury.gov/system/files/136/PPP-IFR-Loan-Forgiveness.pdf

2. Business Loan Program Temporary Changes; Paycheck Protection Program – SBA Loan
Review Procedures and Related Borrower and Lender Responsibilities

https://home.treasury.gov/system/files/136/PPP-IFR-SBA-Loan-Review-Procedures-and-Related-Borrower-and-Lender-Responsibilities.pdf

3.  Foreign affiliates.

https://home.treasury.gov/system/files/136/Interim-Final-Rule-on-Treatment-of-Entities-with-Foreign-Affiliates.pdf

4.  Second extension of safe harbor for certification of necessity

https://home.treasury.gov/system/files/136/IFR–Second-Extension-of-Limited-Safe-Harbor-with-Respect-to-Certification-Concerning-Need-for-PPP-Loan-and-Lender-Reporting-5-20-2020.pdf

5. New Employer Tax Credits – The Employee Retention Credit

IRS Employee Retention Credit

The issue around event registrations has been resolved and bookings should now complete.