Update on PPP loan forgiveness
Many small businesses, including yours, obtained PPP loans through private lenders. The goal was to have the loans forgiven. Some lenders have […]
Category: Payroll
Small business accounting updates
Advancing technology continues to change our small business accounting systems at an ever increasing rate of change. Here are two major recent […]
Update on pandemic payroll tax deferrment
New guidance on the so-called pandemic payroll tax deferment issued by IRS last week does not change previously issued guidance to small […]
Small Business Guidance on Payroll Withholding Postponement
This weekend the President issued an Executive Order to postpone employer’s payment of wage taxes. The advice that I and every other […]
How to compute the maximum amount of Paycheck Protection Program
On April 24 the US Treasury issued this guidance on how to calculate the maximum amount of loan under the Paycheck Protection […]
Costs associated with Paycheck Protection Program application processing
I’ve publicized here and on other platforms that my firm and some affiliates will prepare and submit economic relief applications under the […]
An update on crisis relief for small businesses
Almost nothing went right in the launch of the Payroll Protection Program over the past two business days. The best advice is […]
No fee for Payroll Protection Program applications
I am not charging fees – and you shouldn’t need to pay for anyone else’s fees either – for preparing small business […]
Small Business “Crisis Management Live” – Update Friday April 3
For those employers planning to apply for the Paycheck Protection Program: there are new developments related to this program since yesterday. It […]
59 Q&As on Families First Coronoavirus Response Act All Miss the Main Point!
The U. S. Department of Labor thoughtfully provides 59 Questions and Answers related to the Families First Coronavirus Response Act but omits […]