Scaling from Clinician to CEO
Steven Mizrach will be a presenter at Polaris Healthcare Partners’ Pinnacle event in Fort Lauderdale, FL on March 30-April 1. The event focuses on almost all aspects of building and operating a successful group practice. Steve will be presenting on ...
PPP – Phase IV Stimulus Updates, Forgiveness, Second Draw Loans – Webinar Recording
On January 19th, Steven Mizrach joined Morgan Nighan from Nixon Peabody to discuss the latest PPP loan options. The recording from the session along with the slides are now available. If you have any questions or need any assistance understanding ...
Highlights of New Federal Stimulus Package
As many of you have heard by now, last week Congress approved The Consolidated Appropriations Act, 2021 which provides emergency assistance and health care response for individuals, families and businesses as a result of the Coronavirus (COVID-19) pandemic. The Act ...
Treasury Provides Guidance On Tax Ramifications of PPP Forgiveness
On November 19th, the US Treasury Department issued a Revenue Ruling 2020-27 reiterating that expenses paid with PPP (Paycheck Protection Program) Loan proceeds that are forgiven will not be tax deductible. Additionally, the Ruling clarifies the tax treatment for Companies ...
SBA Simplifies PPP Loan Forgiveness for Loans Under $50,000
Last week the SBA issued additional guidance for Companies that received PPP loans of $50,000 or less, whereby they would no longer be subject to the penalty provisions of the forgiveness calculation for reductions in their FTE employee headcount as ...
SBA RELEASES UPDATED GUIDANCE REGARDING PPP TREATMENT OF OWNERS AND FORGIVENESS OF RENT
Last week the SBA issued additional guidance regarding who is considered an owner for purposes of determining compensation that is eligible for forgiveness as well as the types of rent that are considered qualifying nonpayroll costs. Owners Owners of C ...