Read the latest from our advisors for updates on the Paycheck Protection Program, Employer Identification Numbers, and the latest Infrastructure bill in Congress.
Paycheck Protection Program (“PPP”) loans were created to forestall the economic catastrophe of mass layoffs due to the impact of COVID-19 on the economy.
Last week, the Internal Revenue Service (“IRS”) urged entities with Employer Identification Numbers (“EINs”) to update their so called responsible party information.
The $1 trillion (or so) Infrastructure Investment and Jobs Act (“IIJA”) is moving its way through the Senate. It is expected to be closely followed by the $3.5 trillion budget blueprint.