PRF Audit Compliance for Healthcare
Funds received by providers through the PRF can create anxiety for providers when ensuring funds are being properly used and reported. The Department...
On Friday, October 2nd, the Small Business Administration released an SBA Procedural Notice to provide detailed information concerning the required procedures for changes of ownership of an entity that has received PPP funds.
Some businesses that have received PPP funds have cause for concern about entering into transactions on either the sell or buy side with parties that have also received PPP funds and how that will ultimately impact loan forgiveness.
Specifically the Procedural Notices addresses:
- Cases in which SBA prior approval is not required.
- Cases in which SBA prior approval is required.
- All sales or other transfers of common stock or other ownership interest or mergers, whether or not the sale requires SBA's prior approval.
To read the full release, click here.
We are keeping up-to-date as new legislation and provisions are passed and are committed to keeping our clients well-informed. If you have any questions, or need any assistance, please don’t hesitate to reach out.
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3 benefits of donor-advised fund giving
Marketing : 7/7/16 12:00 AM
Charitable giving through donor-advised funds (DAFs) has grown in popularity in recent years. Generally, creating a DAF requires no more than...
When Will I Receive My IRS Tax Refund?
Admin : 2/27/13 12:00 AM
If you want to know when you will receive your tax refund, use the IRS2Go phone app or go to www.irs.gov and click on the ‘where’s my refund?’ link....