By Matthew D. Lee and Marissa Koblitz Kingman
The owner of a Florida jet company has agreed to pay a large penalty for using government aid – which was directed
By Matthew S. Adams and Marissa Koblitz Kingman
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Continue Reading PPP Borrowers Face Risks in Completing SBA Form 3509
By Matthew D. Lee and Marissa Koblitz Kingman
Intensifying its crackdown on suspected fraud in pandemic relief programs, the U.S. Department of Justice has established the COVID-19 Fraud Enforcement Task
By Gabriel Herman and Marissa Koblitz Kingman
Paycheck Protection Program (PPP) loans were designed to help small businesses cover explicit allowable expenses during the COVID-19 pandemic. There are various eligibility…
Continue Reading The PPP Loan Process: How to Fix Mistakes Before It’s Too Late
April 20, 2021 – Alerts
By Matthew D. Lee and Marissa Koblitz Kingman
The Justice Department continues to intensify its crackdown on COVID-19 relief program fraud, a clear indication that…
Continue Reading Justice Department Continues Historic Level of Enforcement Against COVID-19 Fraud
In recognition of the continuing economic hardship caused by the COVID-19 pandemic, the Internal Revenue Service is easing its collection activities to avoid the seizure of bank accounts containing either…
Continue Reading IRS Restricts Levy Actions Involving EIP or PPP Funds
The U.S. Justice Department announced its first civil settlement with a Paycheck Protection Program borrower alleged to have committed fraud in connection with this highly popular COVID-19 relief program. A
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Continue Reading Civil Settlement in PPP Loan Fraud Case Opens New Battle Lines
By Maureen Monaghan and Adam Young
The Consolidated Appropriations Act, 2021 (Act), signed into law on December 27, 2020, amends certain tax provisions of the Coronavirus Aid, Relief, and Economic…
Continue Reading Congress Enhances Significant Tax Breaks for Businesses in Consolidated Appropriations Act
The $900 billion Consolidated Appropriations Act of 2021 (the Act) modifies the Paycheck Protection Program (PPP) in a variety of business-friendly ways likely to benefit both…
Continue Reading For Existing PPP Borrowers, Stimulus Bill Expands Forgivable Uses and Eases Tax Consequences
By Matthew D. Lee and Marissa Koblitz Kingman
This month’s court-ordered release of Paycheck Protection Program (PPP) loan data is expected to result in intense scrutiny of the loan forgiveness
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Continue Reading PPP Data Dump Places Loan Forgiveness Applications Under a Microscope
