Tax & AccountingJuly 31, 2020

Paycheck Protection Program – July 31 Update

Paycheck Protection Program – July 31 Update

Today, Friday, July 31, the Senate’s calendar indicates that the Senate has adjourned yesterday with no official plans to return until Monday, August 3. Although things may change, we don’t expect that there will be any further progress on the economic stimulus bills (including PPP2) now being negotiated by Congressional leaders and the Administration.

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Mark Friedlich
Author at Tax & Accounting
Mark Friedlich, a CPA & tax lawyer, is the principal international & corporate indirect taxation analyst for Wolters Kluwer Tax & Accounting. He is a member of the U.S. Senate Finance Committee’s Chief Tax Counsel’s Advisory Board, advisor to 14 state taxing authorities, and a member of the American Bar Association’s Tax Section and AICPA’s Tax Section leadership teams. Prior to joining Wolters Kluwer he was a Managing Tax Partner at PricewaterhouseCoopers.