Lack of clarity plagues PPP application process

(April 8, 2020) Problems with the application process for PPP (Paycheck Protection Program) loans to small and medium-sized businesses are prompting the Federal Reserve and the Treasury Department to create a new application mechanism.  Details are expected later this week, reports Today in Payments https://www.pymnts.com/news/2020/today-in-payments-fed-plans-new-facility-smb-ppp-loans-sba-computer-crash-tangles-process/. The initial arrangement, with participating lenders taking applications for loans […]


Tax cuts and owners’ associations

By Lena Combs In December of 2017, the President signed into law the Tax Cuts and Jobs Act, which provided sweeping tax changes for the first time in 30 years. In more than 500 pages, the legislation contains numerous changes, some perceived as favorable and some unfavorable. In all of those pages, however, very little […]