GYF Has Presented Webinars on PPP Loans and Related Topics
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SBA Announces Major Enhancements to EIDL Program
On September 9, 2021, Administrator Isabella Casillas Guzman announced the following major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program. Increasing the COVID EIDL Cap. The SBA will
SBA Withdraws the PPP Loan Necessity Questionnaires
After many weeks of rumors and suggestion, the Small Business Administration (SBA) has “officially” withdrawn its Paycheck Protection Program (PPP) Loan Necessity Questionnaires (Form 3509 for for-profit borrowers and Form
SBA Announces Open Date for Restaurant Revitalization Fund
The Small Business Administration (SBA) has announced an opening date for the Restaurant Revitalization Fund (RRF). Advance registration will begin at 9 a.m. EDT on April 30, 2021, and the SBA
IRS Explains New Rules for When Businesses Can Deduct 100% of Food and Beverage Expenses
On April 8, 2021, the Internal Revenue Service issued Notice 2021-25 to provide guidance on the rule changes made under the Consolidated Appropriations Act, 2021 (CAA), which passed in December
Tax Law Changes Related to Early Distributions from Retirement Plans
Recent tax law changes provide options related to the tax and the 10% penalty assessed for an early withdrawal from a retirement account. The Coronavirus Aid, Relief, and Economic Security
Updates on SBA COVID-Relief Funding Options
Although the overall attitude of the country seems to be more optimistic as the vaccine rolls out and restrictions are lifted, it will take significant time for the economy to
PPP Loan Deadline Extended to May 31
[UPDATED 3/31/21] The PPP Extension Act of 2021 was overwhelmingly approved (92-7) by the Senate on March 25, 2021 – only a few days before this round of the Paycheck
Relief Program for Shuttered Venue Operators to Open April 8
The U.S. Small Business Administration (SBA) recently released additional details about their Shuttered Venue Operators Grant (SVOG) application portal in advance of opening applications for the much-anticipated economic relief program
Where to Get Answers and Assistance
General Guidance and Links to Resources
- Allegheny Conference on Community Development COVID-19 page
- Manufacturer & Business Association COVID-19 employer resources
- Pittsburgh Business Journal Small Business Resource Guide
- ACIPA – audit and accounting guidance related to COVID-19
- PICPA – resources and updates for Pennsylvania CPAs
- Small Business Owners Guide to the CARES Act
- Advising Amid Uncertainty
Information for Not-for-Profit Organizations
- National Council of Nonprofits – articles, webinars and other resources
- Nonprofit Finance Fund – tools and resources to help manage finances
- Independent Sector – Links, legislative summaries and webinars
- Pennsylvania Association of Nonprofit Organizations (PANO)
- Pittsburgh Foundation COVID-19 webinar series
- Pittsburgh Emergency Action Fund
- National Artist Relief Fund
Access Past GYF Webinars
PPP Part IV – 2nd Draw PPP Loans & ERC Expansion (1/21/21)
PPP Part III – Loan Forgiveness Updates (12/17/20)
PPP Part II – Loan Forgiveness and Current Developments (5/29/20)
Paycheck Protection Program – Forgiveness and Procedures (5/1/20)
Not-for-Profit Organizations – Welcome to the Next Normal (5/27/20)
Information About COVID-19
Click here to learn more about how you can help prevent the spread of the virus.
For the latest news, visit the CDC website.
View guidance from the CDC for safe reopening recommendations and best practices for cleaning and disinfecting public spaces.
