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Author Archive for: "Marc I. Solomon"
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The Deadline is Approaching for the Corporate Transparency Act Filing Deadline

October 24, 2024

The deadline is quickly approaching for the new reporting requirement under the Corporate Transparency Act (CTA), which took effect on January 1, 2024, and requires companies to report [...]

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    Congress Expands Paycheck Protection Program, Authorizes “Second Draw” Loans in 2021

    February 1, 2021

    On December 27, 2020, the Consolidated Appropriations Act (“CAA”) was signed into law. The CAA’s significant COVID relief stimulus includes an additional $284 billion in funding for small [...]

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      Congress Extends Critical PPP and EIDL Small Business Funding in $484 Billion Supplemental Stimulus Bill

      April 27, 2020

      With most of the initial funding appropriated for COVID-19 relief rapidly depleted, Congress increased funding on April 23, 2020 for two advantageous SBA loan programs.  The additional funding [...]

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        Economic Relief for Businesses Under The Coronavirus Aid, Relief, And Economic Security Act (The Cares Act)

        March 27, 2020

        In the late hours of March 25, 2020, the Senate took a historic step to advance the largest economic stimulus bill in U.S. history, the Coronavirus Aid, Relief and Economic Security Act [The [...]

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          SBA Loans Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

          March 24, 2020

          We are advising our business owner clients and friends that are in need of working capital and/or considering furloughs or layoffs of the pending SBA loan program for disaster relief. These loans [...]

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