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2020 Business Tax Preparation
We hope your 2021 year is starting off well. We certainly hope for an improvement over 2020. It is once again time to think about sending...
Records In Order
Jan 18, 20213 min read


Extended to January 13 -- CA Covid-19 Relief Grant Program Update
California Capital FDC <info@cacapital.org> Deadline Extended! The application period to the California Relief Grant Program has been...
Records In Order
Jan 11, 20212 min read


California COVID 19 Grant Program Starts Today
Most small businesses in California can apply for grants of up to $25,000 via California’s Small Business COVID-19 Grant Program. The...
Records In Order
Jan 4, 20211 min read


Rules for Round 2 PPP Funding
The significant difference in favor of business for Round 2 PPP is that the final legislation reduced the eligibility requirement to...
Records In Order
Jan 4, 20212 min read
![Document requirements for the SBA EIDL loan [Economic Injury Disaster Loan]](https://static.wixstatic.com/media/71f788_bdd12bfa86354921a36c26b1bdc538ad~mv2.jpg/v1/fill/w_333,h_250,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/71f788_bdd12bfa86354921a36c26b1bdc538ad~mv2.webp)
![Document requirements for the SBA EIDL loan [Economic Injury Disaster Loan]](https://static.wixstatic.com/media/71f788_bdd12bfa86354921a36c26b1bdc538ad~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_avif,quality_auto/71f788_bdd12bfa86354921a36c26b1bdc538ad~mv2.webp)
Document requirements for the SBA EIDL loan [Economic Injury Disaster Loan]
If you obtained an EIDL from the SBA, you or your corporation/LLC is required to submit documents to the SBA. The Board minutes or letter...
Records In Order
Jan 4, 20211 min read


New Stimulus Package - Congress finally agrees
Congress is to vote on the new Stimulus deal and it is expected to pass the legislation within the next 2-3 days. Here are the basics:...
Records In Order
Dec 21, 20201 min read


California Required Statement of Information
REMINDER: Your business tax return does NOT include, nor does it replace the requirement to file a Statement of Information/Officers with...
Records In Order
Nov 16, 20203 min read


Annual Corporate Compliance Reminder
A corporation is required to record at least annual minutes of Board meetings. ANNUAL CORPORATE MINUTES ARE REQUIRED (LLCs are NOT...
Records In Order
Nov 16, 20201 min read


Requests for Preparing Minutes for a Corporation's Board Meeting held
I have received requests to prepare Board Minutes on behalf of some clients' corporations. To do so, I would need some information from...
Records In Order
Nov 16, 20201 min read


So the PPP loan is taxable after all?
Yes, and no. As we’ve previously written, there is no hurry to file for forgiveness of the PPP loan. You have plenty of time, there...
Records In Order
Nov 13, 20201 min read


Simplified PPP Forgiveness for loans under $50,000
Per recent joint guidance from the Treasury Department (IRS) and the SBA (Small Business Administration), there is now simpler loan...
Records In Order
Oct 26, 20201 min read


Deadline is November 6 for lost revenue 'grant' for Medicare/Medicaid providers
Some of you may have received an email from the US Department of Health regarding relief funds for health care providers who lost revenue...
Records In Order
Oct 26, 20202 min read


PPP Forgiveness
By now, many of you have already received an email or other notifications from your lender about the loan forgiveness process for your...
Records In Order
Sep 23, 20203 min read


REMINDER - July 15 is Tax Day
Just a reminder of things to get done for Wednesday, July 15. See your email for instructions from our office, and contact us with any...
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Jul 15, 20201 min read


No PPP loan yet? $130 billion DISASTER RELIEF money still available to businesses
The PPP [Paycheck Protection Program] is NOT paycheck protection anymore. It is now a grant to small business to get the economy going....
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Jul 3, 20202 min read


Second wave of funding for Medicare health providers
The Department of Health and Human Services [DHH] is now issuing its second part of the CARES Act Provider Relief Fund. The deadline to...
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Jul 1, 20203 min read


The latest on the PPP and EIDL government assistance
EIDL application process is now open again. IF YOU MISSED previously getting an SBA EIDL loan application in, the program has now been...
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Jun 30, 20202 min read


U.S. Congress JUST NOW passed new flexibility in spending PPP Loan proceeds
Last week the House passed a bill to extend the PPP loan timeline, among other features. Today, the Senate agreed. The bill has been sent...
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Jun 5, 20201 min read


How to Get PPP Forgiveness
Guidelines were given last week, and regulations were just released near the midnight hour Friday May 22nd. There seem to be a bazillion...
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May 27, 20203 min read


Disaster Loans Are Funding FW: Status of Your EIDL Loan, and Bridge Loans
Here’s the latest update, since our email below on April 29, on Disaster Loans from the SBA: The EIDL disaster assistance has 2 parts –...
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May 22, 20202 min read
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