COVID Resources

government covid-19

PPP2 Application & Additional Guidance

Late on January 6th, the SBA issued 120 pages of guidance in the form of Interim Final Rules. The revised application for Paycheck Protection Program Part 2 was released on January 8th.

The SBA will begin taking applications on January 11th although only new borrowers in underserved communities will have access today and tomorrow. On Wednesday, January 13th, all eligible entities nationwide will be able to apply.

Dent Moses is Here to Help with PPP Forgiveness Applications

Most banks have opened their PPP Forgiveness online portals and many clients are ready to apply for forgiveness of PPP loans.  We are here to help. Our tax and accounting advisors have spent the past 8 months following the PPP loan program as it was enacted, funded, and went through a series of changes over…
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IRS Posts Information on Check Processing, 2019 Return Backlog, and Incorrect Notices

The IRS is working through a backlog of paper-filed 2019 tax returns, checks, and correspondence resulting from a COVID-19 related shutdown in mid-March. It has been reported that the IRS had as much as 12 million pieces of unopened mail waiting to be processed.