The Small Business Administration released this week its first round of FAQs regarding the loan forgiveness process for Paycheck Protection Program Loans. These FAQs, which serve as guidance on the provisions of the CARES Act, follow closely to what we have been advising our clients already as we prepare their applications for PPP Loan forgiveness. A link to the FAQs is here for your reference.

Required Minimum Distribution rules
When making minimum distributions from a retirement account, the required minimum distribution is a term that refers to the lowest