Information Provided by Cnet.com Still missing stimulus money, from either the first or second round of payments? Don’t worry — the IRS has a plan in place. You can claim the amount you’re eligible for (up to $1,200 per person for the first...
With the signing of the Consolidated Appropriations Act, 2021, there are new opportunities that some business owners will be able to take advantage of as applications are beginning to be accepted this week for this new round of PPP Forgivable Loan Funding. To qualify...
Good afternoon! Late yesterday, President Trump signed the new Coronavirus Aid package into law. As we shared last week, it included a few provisions that were quite important to our clients that received PPP Loans. Your expenses paid with forgiven (or to be forgiven)...
Good Evening! Great news coming from Congress today. Negotiations on Capitol Hill are pending a final vote, however this is what we are hearing now regarding the new Bill going through the house today that is expected to pass in tomorrows session. Expenses paid with...
Just yesterday, a bipartisan proposal in congress has taken shape to potentially become a reality. Three key provisions from this potential legislation for business owners: Another round of PPP loans aimed specifically at businesses that can demonstrate a sustained...
A few things to share with you all as it pertains to the current situation with the PPP Loan forgiveness and tax deductibility. The Internal Revenue Service has issued Rev Ruling 2020-27 that plainly (well plainly in Internal Revenue Service language) states that the...
