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EIDL vs. PPP Loan

EIDL vs. PPP Loan

  An EIDL is a loan of up to $2 million with a maturity of up to 30 years that’s designed to help carry businesses through tough times caused by a disaster, such as the COVID-19 pandemic.
Paycheck Protection Program Loans FAQ

Paycheck Protection Program Loans FAQ

To address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), the SBA and Department of the Treasury has issued this additional guidance in the form of FAQs. Of particular interest: Question #7: The CARES Act excludes...
Coronavirus Legislation Update

Coronavirus Legislation Update

Wednesday night, the Senate passed the anxiously awaited relief bill aimed at providing emergency relief to individuals, businesses and institutions in order to prop up the US economy in this time or crisis. The Senate passed the legislation 96-0 and the bill now...
Overlooked Tax Deductions For Small Business Owners

Overlooked Tax Deductions For Small Business Owners

Helpful tips for tax time.  Provided by Nicole Albrecht EA, CTC Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service...
End-of-the-Year Money Moves

End-of-the-Year Money Moves

Here are some things you might consider before saying goodbye to 2019.  Provided by Nicole Albrecht EA, CTC What has changed for you in 2019? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your...