The following information comes from our partners at Fortinet: Threat actors heavily use COVID-19 themed phishing templates. Their main target are official government sites and trusted non-governmental organizations such as the World Health Organization (WHO), Centers for Disease Control (CDC), Internal Revenue Service (IRS), and multiple governments. The majority of...
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The following information comes from our partners at KnowBe4: Microsoft this week warned about a massive phishing attack that started on May 12. The campaign sends emails that look like they are from the “Johns Hopkins Center”, and they have an Excel attachment that claims to be US deaths caused...
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May 18, 2020 by Sheila Denny-Andrews
The following is a press release from the SBA on May 15, 2020. SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application Release Date: Friday, May 15, 2020 Release Number: 20-41 Contact: press_office@sba.gov Washington—Today, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the...
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May 13, 2020 by Sheila Denny-Andrews
Today the SBA released guidance regarding borrowers good-faith certification for PPP loan proceeds. Please review the attached FAQ #46 for the official SBA guidance, including a $2 million safe harbor provision. If you have any questions, please contact your representative at Copeland Buhl. The deadline to return funds is Thursday,...
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The IRS released guidance disallowing business deductions to the extent of eligible loan forgiveness under the Paychecks Protection Program (PPP). The CARES Act created the Paychecks Protection Program to add liquidity to businesses by issuing forgivable loans through the Small Business Administration (SBA) for expenses such as payroll, employee benefits,...
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