SBA

Business | Business Litigation | Employment Law | Labor Law | Litigation | non-compete clause | SBA | Small Business Administration

San Diego Employment Law Updates for 2024 – 2025
BySite Admin June 1, 2025October 12, 2025

San Diego Employment Law Updates for 2024 – 2025 Preovolos Lewin, ALC | San Diego Employment Law Attorneys Employment law is one of the most dynamic and wide-reaching areas of the legal landscape. It governs the rights and obligations of employees and employers across everything from hiring to firing—and all the complex compliance issues in…

Read More San Diego Employment Law Updates for 2024 – 2025
Business Taxation | Government Taxes | Individual Taxation | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | Tax Planning | White Collar Crime

The Tax Gap and How is It Being Addressed
BySite Admin May 4, 2021August 19, 2023

The “Tax Gap” is the difference between the tax owed by all taxpayers for a given ear and the amount that is actually paid, on time, for that same year. The Tax Gap has three primary components: Why the Gap? The most recent Tax Gap data was released in 2019 and it was for tax…

Read More The Tax Gap and How is It Being Addressed
Business | Business Taxation | Employment Law | Government Taxes | Individual Taxation | Labor Law | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

SBA Paycheck Protection Program – Safe Harbors
BySite Admin May 27, 2020September 21, 2025

Borrowers who received Paycheck Protection Program (PPP) loan proceeds may want to wait to apply to their lender for loan forgiveness until after June 30, 2020. Borrowers may apply to their lenders to receive loan forgiveness at the end of the covered eight-week period (i.e. the conclusion of the 56 days from receipt of the…

Read More SBA Paycheck Protection Program – Safe Harbors
Business | Business Taxation | Government Taxes | Individual Taxation | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

PPP Loan – To Forgive or Not to Forgive
BySite Admin May 22, 2020September 21, 2025

For the loan amount to be considered forgivable, no less than seventy-five percent (75%) of the loan must be spent on payroll and payroll related costs. If this marker is not met, it is possible that none of the loan will be considered forgivable. How does the CARES Act define payroll and payroll related costs? What…

Read More PPP Loan – To Forgive or Not to Forgive
Business | Business Taxation | Government Taxes | Individual Taxation | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

PPP Loan Forgiveness Application
BySite Admin May 22, 2020September 21, 2025

On May 15th, the SBA released the application borrowers under the Paycheck Protection Program (“PPP”) must use to calculate the amount that may be forgiven by the lender. According to SBA regulations, the SBA will allow lenders to rely on certifications of the borrower in order to determine eligibility of the borrower and use of…

Read More PPP Loan Forgiveness Application
Business | Business Taxation | Government Taxes | Individual Taxation | Labor Law | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

Paycheck Protection Program (PPP) Loan Update
BySite Admin April 17, 2020August 19, 2023

The PPP loan opened on Friday, April 3, 2020, two weeks ago today. These loans are being approved by the SBA, but they are being made through lenders and various FinTech companies (think Square and QuickBooks). While any lender can make the loan, we found out quickly that banks restricted applications to their existing clients. …

Read More Paycheck Protection Program (PPP) Loan Update
Business | Business Taxation | Government Taxes | Individual Taxation | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

The SBA Will Make Your Payments for Six Months!
BySite Admin April 9, 2020September 21, 2025

In addition to the Paycheck Protection Program (“PPP”) loans available to small businesses, the CARES Act appropriated an additional $17 billion to subsidize certain small business loans. This act applies to loans made under: What Will It Do For Me? In short, the SBA will pay the principal, interest, and any fees that come due…

Read More The SBA Will Make Your Payments for Six Months!
Business | Business Taxation | Government Taxes | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | Uncategorized | White Collar Crime

Paycheck Protection Program – How to Apply
BySite Admin April 3, 2020August 19, 2023

We want to make sure our clients are taking advantage of the Paycheck Protection Program (“PPP”). This loan program helps small businesses (generally 500 employees or less) keep their employees on the payroll and to provide funds to operate their businesses. Small businesses can get a PPP loan from their bank and use it to pay payroll,…

Read More Paycheck Protection Program – How to Apply
Asset Protection | Business | Business Taxation | Estate Planning | Government Taxes | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

Can New Rules Regarding Pension Plans and IRAs Help During This Crisis?
BySite Admin April 2, 2020August 19, 2023

The CARES Act passed by Congress on March 27, 2020 is a monster of a bill at 895 pages long. Law makers, lobbyists, lawyers, accountants, and media pundits will be examining, learning, reporting and debating all its provisions for the weeks and months to come. This article is intended to focus in on relief for…

Read More Can New Rules Regarding Pension Plans and IRAs Help During This Crisis?
Business | Business Taxation | Government Taxes | Personal Taxation | PPP Loans | SBA | Small Business Administration | Tax Laws | White Collar Crime

COVID-19 Relief: Small Business Loans for Payroll & Other Expenses
BySite Admin April 1, 2020August 19, 2023

As part of the $2 trillion dollar stimulus package, The CARES Act includes provisions for small employers to obtain loans to help continue and maintain payroll and other critical expenses for their employees and companies. The Paycheck Protection Program (PPP) is the program that provides this relief. We have received a number of inquiries about…

Read More COVID-19 Relief: Small Business Loans for Payroll & Other Expenses