Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...
The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...
Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...
The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ...
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Harvard Club of Boston to pay $2.4 million for defrauding pandemic aid program, prosecutors say
The club, which is not formally affiliated with Harvard University, applied for and received a loan for which it was ...
The club, which is not affiliated with Harvard University, was accused of violating the False Claims Act by certifying that ...
A unit of KeyCorp will pay $7.77 million to resolve allegations it violated the federal False Claims Act by submitting ...
Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...
A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional bank violated the federal False ...
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