The American Bankruptcy Institute (ABI) supports the recently introduced S. 4150 by Sen. Richard Durbin (D-Ill.) to extend key provisions of the “Bankruptcy Threshold Adjustment and Technical Corrections Act” that were due to sunset on June 21 for an...
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April 19, 2024, 07:46 AM
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Finance ERC, a new financial services industry provider, announced its innovative solution for businesses affected by the COVID-19 pandemic and economic shutdown.The brainchild of two alternative financing industry pioneers, David Goldin & Jeffrey...
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January 18, 2023, 06:00 AM
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The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December 31st, 2020. The SMCCF proved vital in...
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June 03, 2021, 07:51 AM
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President Joe Biden on Saturday, March 27, 2021, signed the “COVID-19 Bankruptcy Relief Extension Act” into law to extend provisions providing financially distressed consumers and small businesses greater access to bankruptcy relief. The legislation...
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March 30, 2021, 07:35 AM
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The American Institute of CPAs (AICPA) and a coalition of more than 560 organizations representing millions of employers and American workers sent Congressional leaders a letter urging passage of legislation making it clear that expenses related to a...
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December 04, 2020, 08:15 AM
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The Federal Reserve Board announced an extension through March 31, 2021, for several of its lending facilities that were generally scheduled to expire on or around December 31.By backstopping critical short-term funding markets, these facilities are...
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December 01, 2020, 08:36 AM
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Earlier this year, the American Institute of CPAs (AICPA) joined more than 170 organizations urging Congress to include a technical correction addressing the tax treatment of loan forgiveness under the Paycheck Protection Program (PPP) in its next...
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November 24, 2020, 07:50 AM
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The American Institute of CPAs (AICPA) and over 80 additional organizations have expressed concern about the new Paycheck Protection Program (PPP) “Loan Necessity Questionnaires.” The questionnaires (SBA Forms 3509 & 3510) were recently established...
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November 19, 2020, 08:15 AM
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Chicago based lender, LQD Business Finance, will be holding a free webinar on August 27, 2020 at 2:00pm CST called,“Protect Your Business Through the Pandemic”. This webinar will reveal important information about managing a business during the COVID...
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August 25, 2020, 08:02 AM
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ABL Advisor released a new video interview featuring Robert Katz, Managing Director, EisnerAmper. In this exclusive interview, Katz discusses the benefits and potentially significant risks for borrowers participating in the Paycheck Protection...
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May 26, 2020, 09:10 AM
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