PPP – August 4 Update
Treasury and the SBA released 10 pages of FAQs on the PPP Loan Forgiveness this afternoon, 8/4. During recent testimony before Congress, both Treasury and SBA indicated this was forthcoming: https://home.treasury.gov/system/files/136/PPP–Loan-Forgiveness-FAQs.pdf With the gates opening on loan forgiveness on Monday, 8/10, the release of this information is critical.
Login to read more on CCHAnswerConnect.
Not a subscriber? Sign up for a free trial or contact us for a representative.
Vice President of US Affairs for Wolters Kluwer Tax & Accounting
Mark Friedlich, a CPA & tax lawyer, is the Vice President of US Affairs 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 has been 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 COO and Principal at PwC.
Explore related topics
Solutions for Tax & Accounting Professionals
Tax, accounting, workflow, and firm management solutions to help your firm succeed, with the research tools you need to stay informed.
How we help
Related insights
Tax relief for victims of Montana severe storms and flooding: IRA and HSA deadlines postponed
Navigating the new tax compliance era: Key changes for corporations under the OBBBA
Individual Retirement Accounts, Health Savings Accounts, and Coverdell Education Savings Accounts: Dates and deadlines 2026
Related Insights
-
ArticleComplianceTax & AccountingFebruary 06, 2026
Tax relief for victims of Montana severe storms and flooding: IRA and HSA deadlines postponed
Due to destruction caused by severe storms that took place in parts of Montana beginning December 10, 2025, the IRS has announced that affected taxpayers will receive tax relief. As a result, certain IRA and HSA deadlines are extended. -
ArticleComplianceTax & AccountingFebruary 05, 2026
Navigating the new tax compliance era: Key changes for corporations under the OBBBA
Corporate taxpayers face new reporting demands and expanded incentives under the OBBBA. -
ArticleComplianceTax & AccountingFebruary 04, 2026
How accounting firms navigate compliance, planning, and advisory shifts under OBBBA
OBBBA’s permanent tax changes reshape compliance and expand planning and advisory opportunities, pushing firms to update models and guide clients proactively. -
ArticleTax & AccountingJanuary 31, 2026
OECD BEPS Pillar 2: US-headed MNEs could be exempt from IIR and UTPR top-up taxes; other recent developments
CCH tax law experts summarise key developments in the BEPS Pillar Two (Global Minimum Tax) landscape including potential exemptions for US-headed MNEs