If you received a PPP loan and are thinking about beginning the process of requesting forgiveness on the loan you may want to consider waiting a few weeks until the actual process gets a […]
From the COVID-19 Tag
The wheels of Congress keep churning through possible scenarios to help small businesses. The HEROES Act and the HEAL Act are both under consideration and among other things, they may extend the provisions of […]
Many families and students may have received partial or complete refunds of school tuition and fees during the spring of 2020 as a result of the COVID-19 (coronavirus) pandemic. If you paid for these […]
In addition to direct deposits and paper checks, the IRS is sending some Coronavirus Economic Impact Payments (EIPs, also called stimulus payments) to eligible Americans by prepaid debit card. Because these debit cards are […]
As part of the U.S. Treasury’s ongoing effort to get COVID-19 Economic Impact Payments (EIPs, also called stimulus payments) to all eligible Americans, the IRS has begun sending payments by prepaid debit card in […]
The IRS warns everyone to watch out for scam phone calls, emails and text messages related to COVID-19 (coronavirus) tax relief programs during the spring of 2020. This new wave of phishing attempts and […]
Individuals who earn $75k or married individuals, filing jointly earning $150K or less as reflected by their adjusted gross income, qualify for the full stimulus payment. If you received a refund and provided your […]
Tax Update RE: SBA Loans, Stimulus Payment & IRS Process We know it continues to be a challenging and constantly changing world at present. We’re doing our best stay abreast of new developments and […]
The Following information is from the IRS Newswire Service – March 30, 2020. Economic impact payments: What you need to know No action needed by most people at this time IR-2020-61, March 30, 2020 […]
The CARES (Coronavirus Aid, Relief, and Economic Security) Act of 2020 provides several important provisions that may assist as our clients navigate through the financial challenges presented by COVID-19. Here are the highlights. Small […]