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PPP Loan Payment Start Date Change

by Admin | Oct 13, 2020 | Business Taxes, COVID-19, PPP Loans & EIDL Loans

The US Small Business Administration released additional guidance on September 30, 2020 clarifying the deferral period for payments on all Payroll Protection Program (PPP) loans.  The original promissory note indicated a six-month deferral for payments on the...

Should Your Employees Take Advantage of the Payroll Tax Holiday?

by Admin | Aug 21, 2020 | Business Taxes, COVID-19

President Trump recently signed an Executive Order calling for a payroll tax holiday on the employees portion of the payroll tax starting on September 1.  While this 4-month reprieve might sound enticing to your employees, we discourage all our business clients from...

Health, Economic Assistance, Liability Protection and Schools Act (HEALS) – What could it mean for businesses?

by Admin | Aug 5, 2020 | Business Taxes, COVID-19

This week, Senate Republicans have proposed the Health, Economic Assistance, Liability Protection and Schools Act (HEALS) in response to the federal governments handling of the COVID-19 crisis. The nearly one-trillion bill will be comprised of a number of components...
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