PPP Updates, including Appeals, Allowable Expenses, and the New Congress Proposal
Waiting for additional guidelines before asking forgiveness for your PPP loan? We’re still in the interim final rules phase, and banks are hesitant to accept applications for forgiveness just yet. The SBA guidelines from yesterday continue the trend of fewer and...What happens if I can’t pay my taxes by the deadline?
Tax returns are due Wednesday, July 15th. Unable to file your taxes by then? The Business Tax Ninja, Christy Lee, is here to explain how to file your taxes at a later date without penalties. Warning: an application extension is not the same thing as a payment...Still More Changes to the Paycheck Protection Program Forgiveness Application
The government continues to release additional regulations about the Paycheck Protection Program, including how to apply for forgiveness, and what expenses qualify for forgiveness. In the most recent revisions to the regulation, we received answers to two of the...Changes in the Paycheck Protection Program
Last week President Trump signed the Paycheck Protection Program Flexibility Act which brought significant changes to the Paycheck Protection Program, including extending the time period allowed for businesses to spend the proceeds. Many of these changes have been...PPP: New Forgiveness Guidelines to Be “Promptly” Issued
Still hitting store after store in the Great COVID Hunt for Toilet Paper? Don’t get frustrated. Just substitute your PPP forgiveness application for those highly prized, soft-as-cloud white rolls. Why? The answer’s simple: On Monday, June 8, the Trump...Thanks For Visiting
Thanks for visiting our website! Christy and Toby look forward to speaking with you soon about your tax matters.