The Paycheck Protection Program begins phase 2: forgiveness! On Friday evening, May 15, the SBA released the PPP Forgiveness Application, with a notable absence of guidance from the treasury. The form and instructions offer borrowers details on how to apply for...
We communicated earlier this week initial updated tax guidelines from the IRS regarding emergency relief for individuals and small business owners. Well, the IRS has released updated guidance on tax deadlines which supersedes previous guidance: The deadline for making...
We are expecting more volatility as daily corona-virus updates are communicated globally. We’re collectively aware of the uncertainty this situation has presented for us all. I think we can also agree this is a situation unlike any other we’ve ever...
Last week, President Trump signed the Families First Coronavirus Response Act. Congress is also working on an even newer Coronavirus relief bill. Federal income-tax payments can be deferred to July 15th. What is already determined? 1.Taxpayers do NOT have to...
Have recent current events made you feel like you’re not doing enough with the time you have? …Only to be met with the next current event, that makes you feel like you’re not doing enough with the time you have? This is not the time to start doing more with what you...
