News

SBA Releases PPP Loan Forgiveness Ap...
This past Friday evening, the SBA released the form that will be used to apply for PPP loan forgiveness. You will eventually submit this form to your lender, along with documentation, to ap More
IRS Releases Notice 2020-32: Deducti...
The IRS released guidance indicating that no deduction is allowed for expenses that result in forgiveness of a PPP loan. This is not what was expected. The text of the law indicated that any f More
Guidance for Local Governments Durin...
The State of Michigan continues to provide guidance for local governments during the COVID-19 crisis. The State has compiled its current resources on the treasury’s website, found HERE. In a More
Update on the CARES Act, Paycheck Pr...
Chris Harper presented to the Muskegon Lakeshore Chamber of Commerce on an Update on the CARES Act, Paycheck Protection Program and EIDL. Watch here:     More
Highlights of U.S.D.E and MDE Update...
Charging employee salaries to federal programs U.S. Department of Education issued a fact sheet responding to FAQs related to the use of grant funds during COVID-19. These FAQs address compens More
Economic Injury Disaster Loan (EIDL)...
Chris Harper discusses the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) with WOOD AM Radio. Listen HERE   More
Webinar: What You Need to Know Abou...
Hungerford Nichols CPAs + Advisors and Rhoades McKee discuss the financial and tax considerations for businesses seeking relief from the Coronavirus Aid, Relief and Economic Security Act ( More
The CARES Act and Tax Filing Deadlin...
Chris Harper discusses the CARES Act and filing taxes with WOOD AM Radio. https://www.hungerfordnichols.com/wp-content/uploads/2020/03/Tax-Tuesday-Chris-Harper-Extended-Deadlines-3-31-2020.mp More

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