Updated Application and Paycheck Protection Program Guidelines
Dear Clients and Friends, The US Treasury has released guidance last night on the Paycheck Protection Program from the SBA. As you may know, the loan...
Sample Paycheck Protection Program Loan Application
Dear Clients and Friends, We have obtained a Sample Paycheck Protection Loan Application. This is not a final version, so the details may change but w...
We have been in contact with several lending institutions over the last few days regarding the CARES Act Payroll Protection Loan Program. The SBA is c...
The NYS Executive Order 202.6 on essential business have been changed as it relates to construction. Many of our construction clients will be shut dow...
Pay Obligations if Business Chooses or Must Close Operations
KFP understands that businesses are making very difficult decisions regarding whether to continue operating during this ongoing public health crisis....
Small and midsize employers can begin taking advantage of two new refundable payroll tax credits designed to immediately and fully reimburse them, dol...
KFP is working diligently to provide updates on the CARES Act as information becomes available. In particular, we have been fielding many questions ab...
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions for the...
Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least at the f...