Student Loan Forgiveness Plan
“The U.S. Department of Education will provide up to $20,000 in debt relief to Pell Grant recipients with loans held by the Department...
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Blog
Nov 16, 20212 min read
Build Back Better Act
The Build Back Better Act is expected to pass through the House this week, following the passage of the recent Infrastructure Bill.
Feb 1, 20213 min read
Secure Act 2.0
The SECURE Act 2.0 was introduced by senators Richard Neal (D-MA) and Kevin Brady (R-TX) in 2020. It aims to build on the previous SECURE ..
Jan 14, 20211 min read
Additional PPP Funding Details
Additional PPP funding is currently available to businesses requesting a PPP loan from a community financial instruction and beginning...
Dec 28, 20202 min read
Tax Changes under Biden on the Horizon? A few things to consider as the calendar turns to 2021
If new tax law is passed, it is a real possibility that these changes could be made retroactive to January 1, 2021.
Dec 22, 20202 min read
PPP Loan Expense Deductibility
On Monday December 21, 2020, the House of Representatives and Senate approved the COVID-Related Tax Relief Act of 2020 (COVIDTRA). This act
Nov 20, 20203 min read
PPP Loan Forgiveness Taxability Update from the IRS
On November 18th, the IRS issued much-awaited guidance clarifying their position regarding the taxability of Payroll Protection Program...
Jul 21, 20202 min read
Michigan Small Business Restart Program
Small businesses and nonprofits may apply for grants of up to $20,000, and awardees will be announced no later than September 30th.
Jun 3, 20201 min read
PPP Extension to 24 Weeks
the Senate approved the House bill that extends the Paycheck Protection Program (PPP) funds usage timeline from 8 weeks to 24 weeks...
Mar 30, 20201 min read
Coronavirus Emergency Loans - Small Business Guide and Checklist
A major component of the Stimulus package (CARES Act) to provide relief to small businesses is the Paycheck Protection Program (PPP).
Mar 24, 20201 min read
"Stay Home, Stay Safe" Executive Order (effective 3/24/2020)
Although our physical office will be closed beginning Tuesday, March 24, our team is working remotely to continue to serve you. We have full
Mar 20, 20201 min read
Updated BKC Office Guidelines (effective 3/23/2020)
Beginning Monday, March 23rd, we have established the following BKC office guidelines until further notice:
Mar 20, 20202 min read
COVID-19 Resources
Beginning Monday, March 23rd, we have established the following BKC office guidelines until further notice:
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