top of page
Accounting News
Search


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
52 views
0 comments


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
51 views
0 comments


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
45 views
0 comments


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
41 views
0 comments


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
40 views
0 comments


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
57 views
0 comments


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
50 views
0 comments


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
50 views
0 comments


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...
-
Jul 15, 20201 min read
49 views
0 comments


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....
-
Jul 3, 20202 min read
51 views
0 comments


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...
-
Jul 1, 20203 min read
74 views
0 comments


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...
-
Jun 30, 20202 min read
49 views
0 comments


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...
-
Jun 5, 20201 min read
50 views
0 comments


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...
-
May 27, 20203 min read
49 views
0 comments


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 –...
-
May 22, 20202 min read
62 views
0 comments


My PPP loan got funded! - Now what?
Note: This is the current guidance we have. Many organizations, including the AICPA, have provided recommendations to the Feds. Further...
-
May 11, 20204 min read
66 views
0 comments


REMINDER: Medicare FFS advance payment Terms and Conditions
The HHS advance that was deposited to the business checking accounts of Medicare FFS providers around mid-April, is money that doesn’t...
-
May 1, 20201 min read
42 views
0 comments


Status of Your EIDL Loan, and Bridge Loans
EIDL Process: We have been informed by the SBA that your loan application goes through 5 stages: Your application is pulled from the...
-
Apr 29, 20202 min read
560 views
0 comments


Grant Money Now Available -- ALERT !! Notice from the SBA
Notice: Additional Economic Injury Disaster Loan Funding With the additional funding provided by the new COVID-19 relief package, SBA...
-
Apr 29, 20201 min read
31 views
0 comments


Update on PPP loans and EIDL assistance
We’ve had our heads down working hard the last two weeks to assist clients with the EIDL grant and the PPP loan application. The SBA...
-
Apr 27, 20202 min read
50 views
0 comments
bottom of page