It feels to me that we’re all in need of some good news.
I have some great news for the young (ish) and the old (ish), but before I get there, I’d like to encourage EVERY person who is
… Read More
3
Jun, 2020
18
May, 2020
SBA Releases PPP Loan Forgiveness Application – Key Takeaways
The SBA has released the much-anticipated form for businesses to apply for PPP Loan Forgiveness. The 11-page application goes a long way to resolve many of the questions and concerns businesses had anxiously wondered about loan forgiveness. At Emerald Financial
18
May, 2020
AACounty Offers Grants to Help Businesses Deal with COVID-19
County businesses with 50 or fewer employees can apply for a grant up to $10,000 to cover the purchase of a variety of supplies and technology that are suddenly necessary to keep business going safely in the midst of a … Read More
14
May, 2020
Less than $2 Million Borrowed? Yes, You Meet the Good-Faith Certification Test
Many business owners were nervous about taking the PPP loan because it was unclear if you could demonstrate the need for a loan if you had reserves to get through the crisis without it. The SBA has now made it … Read More
5
May, 2020
Loan Forgiveness under PPP Loan Provisions
Well, you probably saw this coming…
Turns out … if you received a PPP loan, the expenses you pay from the proceeds of this (forgivable) loan … are not deductible.
Ouch.
The IRS just released new guidance to this … Read More
28
Apr, 2020
Be Mindful of Scammers…
Anytime (like now) that there is a rollout of government assistance, you can count on two things:
1) Bumps in the road (it’s difficult managing help for millions of people)
2) SCAMS
None of my clients have been victims of … Read More
2
Apr, 2020
Understanding the Paycheck Protection Provision Loan Program
Yes, the CARES Act for the Paycheck Protection Program was passed last Friday. It’s 800 pages and the banks are still feeling their way around to determine how to process these new loans. The complete guidelines have not been developed … Read More
18
Mar, 2020
Tax Filing Deadline Delayed
UPDATE 3/20/20: Treasury Secretary Mnuchin announced today that the IRS WILL EXTEND the tax filing deadline for 2019 tax returns. Since most tax returns are filed online, he said that the deadline will be moved to July 15, 2020.
While
5
Mar, 2020
Financial Matters of the Heart
Tax time can remind us of our choices over the course of the entire previous year. We see how easy it is to pull the trigger on more expensive choices because we convince ourselves that "we deserve it." Rather than
20
Feb, 2020
Celebrating 40 Years of Service
In 1980, there were still a lot of stereotypes and limitations surrounding women professionals. The glass ceiling had yet to be touched, much less broken, and many young women struggled to find their way in a workforce that was dominated
