About Mat Sorensen
Mat Sorensen is an attorney, CEO, author, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a leading company in the self-directed IRA and 401k industry and a partner in the business and tax law firm of KKOS Lawyers. He is the author of The Self-Directed IRA Handbook.
More From Mat Sorensen
Recovery
New PPP Law Extends 8-Week Period and Reduces Percent Payroll Cost Rule
Senate passes House bill that eases restrictions on how long businesses have to spend funds and how they can allocate them.
Stimulus
SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements
There is now improved guidance on calculation methods, definitions of forgivable expenses and the documents that must be submitted with the forgiveness request.
Recovery
PPP Loan Developments: Only $120 Billion Left, Favorable Forgiveness Guidance from SBA and IRS Tax Pitfall
Round 2 of small-business funding is winding down, and business owners are now facing tough decisions.
Crisis Management
PPP Forgivable Loans Will be Unforgiving for Many
Business who don't bring back their entire workforce will have their eligible forgiveness amount reduced.
Recovery
PPP Is Back With $310 Billion in Additional Funding, But Small-Business Owners Must Act Fast
The new round will go even quicker, so those who missed out must choose the right bank and move immediately.
Stimulus
$205 Billion of the $350 Billion Appropriated for PPP Loans Has Been Claimed
Many small-business owners have yet to even apply and worry that funds will run out.
Crisis Management Series
2 Tax Attorneys Explain What You Need to Know About the Coronavirus Stimulus Loan
If you want to know more about the Paycheck Protection Program loan, check out this explainer made by lawyers.
Stimulus
How to Submit Your SBA PPP Loan Application and Calculate the Loan Amount
Getting a bank to take your app and tabulating the total should be your biggest concerns.
Stimulus
How to Obtain an SBA Coronavirus PPP Loan and Have It Forgiven
It's the best funding option to keep employees on payroll and small businesses open.
Stimulus
New Stimulus Bill Unlocks IRA and 401(k) Dollars for Financially Affected
The $2 trillion relief package provides penalty-free early retirement-account distributions and increases loan limits.