Borrowers and their CPA advisers may be eager to move ahead with the Paycheck Protection Program forgiveness process, but there are still many unsettled issues to consider. In a letter to ...

Entrepreneurs who took a forgivable loan this year can't write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two ...

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less, through participating lenders, to ...

The club, which is not affiliated with Harvard University, was accused of violating the False Claims Act by certifying that ...

A unit of KeyCorp will pay $7.77 million to resolve allegations that the bank violated the False Claims Act. The allegations ...

The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ...

I continue to believe that people cannot both work for the government and defraud the government,” Inspector General Deborah ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

By Jonathan Stempel Jan 7 (Reuters) - A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional ...

Knoxville company Hoffmann Quality Tools, owned by the Hoffmann Group, paid more than $1.4 million in fees to repay a loan after claiming money it didn't qualify for under the COVID-19 pandemic-era ...

The office of the U.S. Attorney for the District of New Jersey posted the following news release on Jan. 7, 2026:. CAMDEN, ...