The Executive Order for Payroll Tax Deferral The Executive Memorandum signed by the President August 8, 2020, providing for the deferment of some payroll taxes. This was followed by Internal Revenue Service Notice 2020-65 which offered some clarity on provisions of...
Many of our clients for whom we facilitated PPP loans appropriated by the CARES Act have been very concerned about the restrictive nature of the forgiveness provisions. Passage of the Paycheck Protection Program Flexibility Act of 2020 (HR 7010) on June 3, 2020, by...
Update on The Paycheck Protection Loan SBA Program As of yesterday, April 16th, 2020 the SBA has run out of money for funding of the Paycheck Protection Forgive able loan program and is not taking further applications. In addition, the SBA have stopped taking...
How Do I Get My Stimulus Payment If The IRS Does Not Know My Bank Account Information? For those of you that need to provide the IRS with information regarding your stimulus check the IRS now has two portals available for you. If you need to update Banking information...
THERE’S MONEY WAITING FOR YOU OR YOUR BUSINESS!! YOU CAN RELY ON US TO HELP!! We have worked through the various pieces of legislation that have recently passed to help business owners through this difficult period. The following is some of what is available to...
