GYF Has Presented Webinars on PPP Loans and Related Topics
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SBA Opens New Round of PPP Loans
UPDATED JANUARY 14, 2021 On January 8, 2021, the U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open
SBA Issues New Guidance for Next Round of PPP Loans
The U.S. Small Business Administration (SBA) and Treasury issued guidance on January 6, 2021, to provide details on the next round of the Paycheck Protection Program (PPP), which was created
IRS Grants Relief for Reporting Value of Personal Use of Company-Provided Vehicles
On January 4, 2021, the Internal Revenue Service released Notice 2021-7, granting relief to certain employers and employees using the “automobile lease valuation rule” to determine the value of an
Retroactive and Expanded Employee Retention Credit Opportunities
Passed in March of 2020, the CARES Act provided relief for employers whose trade or business operations were fully or partially suspended due to impacts related to COVID-19 governmental orders
President Signs Massive Stimulus and Government Spending Bill Into Law
On December 27, 2020, President Trump signed the most recent stimulus bill and government spending bill avoiding a government shutdown and loss of Covid-relief benefits. Last week, the Senate overwhelmingly
Stimulus Bill Moves to the President’s Desk for Signature and Enactment
The Senate overwhelmingly approved the most recent stimulus bill late on December 22, 2020, just a few hours after the House voted to approve the package. The new bill is
SBA Adds FAQ#53 to Address PPP Loan Necessity Questionnaires
The Small Business Administration (SBA) and Treasury added an additional FAQ (#53) to its PPP Loans Frequently Asked Questions (updated December 9, 2020) to address concerns related to potential new
Initial Details of the Bipartisan Stimulus Package Released
A copy of the summary of the current bipartisan proposal for stimulus was obtained from a source through CNN. While the package still remains in flux, House Speaker Nancy Pelosi
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
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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.