COVID-19 Relief Update
June 18, 2020
The Small Business Administration (SBA) has recently released updates regarding the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP). See the links below
The Small Business Administration (SBA) has recently released updates regarding the Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP). See the links below
The U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation Wednesday night, tripling the time allotted for small businesses and other PPP
The Financial Accounting Standards Board (FASB) met yesterday, May 20, and made a tentative decision to extend the effective dates for the new revenue recognition
PPP Forgiveness Update A first draft of the PPP loan forgiveness application (PDF link) has been released. As with everything related to this program, we
Eligibility On March 27, 2020 President Trump signed into law the CARES Act which included the Paycheck Protection Program (PPP) loan provisions designed to help
The IRS released guidance on April 30th to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted
If you have received PPP loan funds, congratulations! It was a rocky process for many with unclear and changing rules. In our estimation, there are
The Treasury Department and IRS have provided additional relief to taxpayers for a variety of tax forms and payments. Some of the highlights include: Previously,
Amount billed for routine phone calls
Amount billed for services if not 100% satisfied
Sleepless nights knowing we’re in charge
Headaches figuring out tax regulations
Of your time devoted to making money
Stress free tax filing
