SBA: Banks Must File 1099/1098 for CARES Act Loan Subsidies
The Small Business Administration this week released a Q&A document addressing certain tax issues related to payments made on behalf...
The Small Business Administration this week released a Q&A document addressing certain tax issues related to payments made on behalf...
In a letter to House Financial Services and Senate Banking Committee leaders today, ABA and 51 state bankers associations called...
A group of 35 Republican members of Congress sent a letter to congressional leadership on Friday calling for the extension...
ABA VP Josh Stein offers insights on a recent FASB meeting.
There has been considerable analysis and discussion regarding the accounting and tax treatment of PPP fees that are payable to...
The FDIC on Friday proposed changes to the risk-based deposit insurance system that applies to banks with more than $10...
The IRS yesterday issued a ruling that borrowers expecting Paycheck Protection Program loan forgiveness applications to be approved must disallow...
The current murky picture delivered by traditional data has forced an increased focus on new methods that better capture credit...
The Internal Revenue Service on Monday announced that it intends to issue proposed regulations to confirm the federal deductibility of...
The IRS has issued a final rule confirming that deductions allowed under Internal Revenue Code section 67(e) for costs incurred...
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