NEW LAW DOUBLES BUSINESS MEAL DEDUCTIONS AND MAKES FAVORABLE PPP LOAN CHANGES The COVID-19 relief bill, signed into law on December 27, 2020, provides a further response from the federal government to the pandemic. It also contains numerous tax breaks for...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
Paycheck Protection Program Loans
SBA EIDL Loan Update – Wait, Wait, and More Waiting!!!!
The SBA is finally getting around to processing the emergency loan requests. Originally, all small businesses work going to be able to qualify for a $10,000 loan which could be forgivable. The additional amount of loan would not be forgivable. This is now been changed...
Paycheck Protection Program – CLOSED
CONGRESS HAS NOT PASSED THE ADDITIONAL $250 MILLION REQUESTED BY THE WHITE HOUSE, SO THE PAYCHECK PROTECTION PROGRAM IS NOW CLOSED. THIS IS THE EMAIL FROM BB&T: As you are likely aware, the SBA has announced that the limited amount of funds allocated for the...
