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IRS offers safe harbor for claiming PPP loan deductions

IRS offers safe harbor for claiming PPP loan deductions
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Federal government now allows PPP loans to borrowers in bankruptcy

Federal government now allows PPP loans to borrowers in bankruptcy Monday, April 19, 2021 Route Fifty reports. In late March, ProPublica reported on a Small Business Administration rule that disqualified individuals or businesses currently in bankruptcy from getting relief through the Paycheck Protection Program, an $813 billion pot of funds distributed to small businesses in the form of loans that are forgiven if the money is mostly spent on payroll. The agency had battled in court against several bankrupt companies attempting to apply for PPP loans, and did not change course even after Congress explicitly passed legislation in December allowing it to do so.

United statesIsabella guzmanNational association of consumer bankruptcy attorneysUs trusteesJustice departmentPaycheck protection programSmall business administrationRoute fiftyNational associationConsumer bankruptcy attorneysExecutive officeஒன்றுபட்டது மாநிலங்களில்இசபெல்லா குஸ்மான்தேசிய சங்கம் ஆஃப் நுகர்வோர் திவால்நிலை வழக்கறிஞர்எங்களுக்கு அறங்காவலர்கள்நீதி துறை

Legal vendors have had mixed experiences with virtual conferences amid COVID-19

Legal vendors have had mixed experiences with virtual conferences amid COVID-19 Image from Shutterstock.com. In previous years, when the team from online bankruptcy software company NextChapter would operate expo hall booths at in-person legal conferences, they would sometimes bring a skillet and hand out fresh grilled cheese sandwiches to hungry attendees. Offering consumables rather than swag such as pens or notebooks has been one way the company has tried to attract attention and spark interest in their product amid a flurry of activity. NextChapter employees have also typically taken advantage of other opportunities to build ties with lawyers attending large gatherings, such as traveling to the Rock & Roll Hall of Fame in Cleveland for cocktails during a National Association of Consumer Bankruptcy Attorneys convention a couple years back.

Rob joynerMatt homannRoberta tepperKunoor chopraLas vegasJanine sickmeyerAllan mackenzieLyle moranDan broderickChris gerbenDorna moiniNational association of consumer bankruptcy attorneysPractice technologyElevate servicesInternational legal technology associationChopra of elevate services

Best of Los Angeles Award Winning Bankruptcy Attorney, Charles Daff, Gives His Thoughts On U S National Debt Denial - US Politics Today

Best of Los Angeles Award Winning Bankruptcy Attorney, Charles Daff, Gives His Thoughts On U S National Debt Denial - US Politics Today
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