The CARES Act (Coronavirus Aid, Relief and Economic Security Act) came up with a new assistance program for small businesses (with employees below 500) to cushion the coronavirus's...
Posted by CORE PERFORMANCE on 03/05/2021
What a year 2020 was, and so far, 2021 has also been quite interesting. For entrepreneurs, we finally have good news regarding PPP loan repayment.After some confusion over the past...
Posted by Daniel P Vigilante CPA and Profit Consultants on 01/31/2021
While taxes for 2020 are not due until 2021, many important financial decisions made now can have a major impact on farm taxes and when they are paid. An important resource is the...
Posted by Karen Munoz, EA on 01/17/2021
The government recently agreed on the details of a $900 billion coronavirus bill attached to a $ 1.4 billion omnibus that will fund the government for fiscal 2021. Congress also voted...
Posted by KLSM CPA Firm PLLC on 01/12/2021
Debt cancelation is a problem that often arises at tax time and something every taxpayer should understand. Many people are relieved to be at the end of a long debt battle, only to...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 01/07/2021
The U.S. Small Business Administration, which manages the Payroll Protection Program (PPP), began accepting loan applications on August 10. Just two weeks later, the agency and the...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 10/07/2020
The Treasury and SBA launched a PPP forgiveness loan that many borrowers will use to apply for the Paycheck Protection Program (PPP) loan. There is also an alternate EZ Form. In this...
Posted by Dennis Jao on 08/13/2020
The Paycheck Protection Program (PPP) is a form of financial assistance that many companies applied for to keep them afloat. The Paycheck Protection Program (PPP) is a loan designed...
Posted by Aurelia E Weems CPA on 07/24/2020
The main incentive for small businesses under the CARES Act is the Paycheck Protection Protection (PPP) program. The $349 billion funded through the Small Business Loan Program (SBA)...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/14/2020
