Barton Haag | Albin, Randall and Bennett

PPP Loan Forgiveness Workbook

Over 13,000 companies have downloaded the PPP Loan Forgiveness Workbook. ARB and B&R are CPA firms who enjoy a collaborative relationship.  We are happy to have worked together to create this comprehensive tool for loan forgiveness. Please note, the Tool is not a “Precision Tool.” It has been prepared using the CARES Act, the SBAs


Webinar Recording: You Have Your PPP Loan…Now What?

Recently, Bart Haag, CPA, Holly Ferguson, CPA and Matt Pore, CPA presented a webinar with the New Hampshire Automobile Dealers Association. They discussed the Paycheck Protection Program and what to do once you receive it. Their advice is not just for auto dealers. Anyone who received a PPP loan may find this useful.   Watch


IRS Issues Additional PPP Guidance: No Deductions for Expenses Paid with Forgivable Funds

The Paycheck Protection Program (PPP) was established to support small businesses with tax-free, forgivable, or partially forgivable, loans of up to $10 million each. However, the program’s implementation and subsequent guidance have been nothing less than complicated. The CARES Act provided an initial $349 billion in funding, which went to nearly 1.7 million U.S. small


President Trump Signs Additional Stimulus Bill into Law

On Friday, April 24, 2020, President Trump signed an additional coronavirus aid bill into law, the Paycheck Protection Program and Health Care Enhancement Act, which provides an additional $484 billion in relief funding. The major business provisions include: $310 billion to the PPP, increasing the lending limit to $659 $50 billion the EIDL program, with


Treasury Department Updates FAQs to Address Questions About Publicly Traded Companies Receiving PPP Loans

Many people have read the Treasury Department’s Frequently Asked Questions. Last night Question #31 was added to the document, which addresses media coverage of several publicly traded companies that took PPP loans that may not have needed them. For those of you interested in the FAQs, here’s a link Treasury Department FAQs. As a reminder,