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Covid-19 Tax Updates

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Akram Is Keeping Track of the Latest Covid-19 Regulations

As the U.S. federal, state, and local governments are implementing emergency measures to support their economies amid coronavirus (COVID-19), Akram & Associates is staying on top of the latest tax policy developments to better inform our clients. 

We have been regularly sending updates via our blog, The Akram Brief. Below is a list of articles specific to Covid-19 developments. 


Latest Updates:

SBA Releases Application for Second Round of PPP Loans  on January 8, 2021

Two New PPP Loan Applications were released on June 18, 2020

Income Tax Relief for Qualified Opportunity Funds and Investors due to COVID-19 on June 10, 2020

U.S. House version of Paycheck Protection Flexibility Act was passed by U.S. Senate last night on June 4, 2020

Pending PPP Legislation will Impact PPP loan Forgiveness and related Compliance on May 29, 2020

AKRAM Best Practices for PPP Loan Forgiveness Keeping in View of SBA Guidance on May 26, 2020

COVID-19 Rapid Recovery Loans are Avilable for businesses in NC  on May 20, 2020

SBA Releases PPP Loan Forgiveness Application on May 15, 2020 on May 18, 2020

PPP Loan Repayment Deadline Has Now Been Extended to May 18 on May 15, 2020

PPP Certification Requirement issued by U.S. Department of Treasury on May 13, 2020

A Potential Impact on Registered Investment Adviser regarding PPP laons on May 11, 2020

Download Excel Sheet to calculate PPP Forgiveness Amount on May 4, 2020

PPP Borrowers Should Document the Need for Relief on May 1, 2020

PPP Loan Guidance for Hedge Funds and Private Equity Firms on April 28, 2020

You have Received PPP Loan Proceeds...Now what?  Check out PPP Loan Forgiveness Requirements and Best Practices on April 22, 2020

SBA Guidance for Sole Proprietors, Independent Contractors, and Other Self-Employed Individuals on April 15, 2020

IRS Extends Additional Tax Deadlines to Individuals, Trusts, Estates, and Corporations on April 10, 2020

SBA Releases Additional Guidance Regarding PPP Loans  on April 08, 2020

Differences Between EIBL, PPP Loan Programs and Answers to FAQs on April 6, 2020

Economic Impact Payments Under the CARES Act on April 02, 2020

Paycheck Protection Program for Small Businesses, Sole Proprietorships, and Independent Contractors on April 01, 2020

SBA Extends Disaster Loan Programs Under CARES Act on March 30, 2020

Huge Tax Savings for Businesses and Individuals Under the Coronavirus Aid, Relief, and Economic Security ("CARES") Act on March 27, 2020

IRS Provides Clarity on Extended Filing, Payment and Postponement on March 24, 2020

Families First Coronavirus Response Act on March 18, 2020

IRS Extending the Filing and Payment Deadline from April 15 to July 15 on March 17, 2020

Covid-19 Assistance

We're Here to Help

Akram & Associates is here to answer your questions regarding policies related to Covid-19, as well as any other concerns you may have related to your financial well-being. Call our office at 844-386-3829

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