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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...
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May 11, 20204 min read


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...
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May 1, 20201 min read


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...
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Apr 29, 20202 min read


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...
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Apr 29, 20201 min read


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...
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Apr 27, 20202 min read


Your SBA Money Is Still On Its Way
Unless you’ve been under a rock, you’ve heard about Thursday’s SBA announcement that they stopped taking ^lender applications^ for the...
Records In Order
Apr 18, 20202 min read


The Forgivable PPP Loan for Schedule C Owners and Partnerships
The SBA issued an ‘interim final rule’ which requires a sole proprietor business or independent contractor (Schedule C filer) to use the...
Records In Order
Apr 17, 20204 min read


Is the Employee Retention Credit or the PPP better for your business?
Many businesses with employees other than the shareholder will be eligible for the Employee Retention Credit [ERC] of up to $5000 per...
Records In Order
Apr 15, 20204 min read


Tax credits to pay for COVID paid leave requirements
This post is a reminder of your COVID paid leave requirements for retained employees. I will also explain how you get the tax credit to...
Records In Order
Apr 15, 20204 min read


The PPP or the Credit for Employer Federal Payroll Taxes?
From my posts, you know a lot about the PPP (Paycheck Protection Program) and the COVID paid leave requirement for retained employees....
Records In Order
Apr 14, 20202 min read


Using Unemployment Benefits and the PPP to Re-Build Business
Shareholder-employees have paid into the unemployment system, both in their State and with the Feds. Under recent Federal legislation,...
Records In Order
Apr 12, 20204 min read


$10,000 Disaster Funds Are Yours to Keep
I’d like to repeat what I have recommended several times: Every business should be applying for both forms of federal assistance, the PPP...
Records In Order
Apr 11, 20202 min read


NEW INFO!! Attention: Medicare FFS health care providers
As part of the CARES act, 2019 Medicare FFS health care providers are receiving part of the $100 billion cash infusion into the...
Records In Order
Apr 10, 20202 min read


An April 9 Update on Economic Stimulus for Business
A reminder of my recommendations: Make a re-build financial plan. Re-visit it often ** Apply for the PPP loan -- see info below*** ....
Records In Order
Apr 10, 20201 min read


An Update on Economic Stimulus Information
I wanted to check in to update you with the most recent information, as a follow up to my April 2nd post below. Recently, I provide you...
Records In Order
Apr 10, 20201 min read


Loan Application assistance from my office
Yesterday was the first day to apply for the Paycheck Protection Program [PPP] forgivable loan based on payroll paid in earlier periods....
Records In Order
Apr 5, 20202 min read


Q&A: The PPP Loan (Loan Application assistance from my office)
Q & A: Question: have you heard any details on if the PPP grant component of the loan is available if your employees are on unemployment...
Records In Order
Apr 5, 20202 min read


Expansion of Medicare Advance Payment
In order to increase cash flow to providers of services and suppliers impacted by the 2019 Novel Coronavirus (COVID-19) pandemic, the...
Records In Order
Apr 4, 20201 min read
![The Payroll Protection Package [The PPP]](https://static.wixstatic.com/media/71f788_c6ecbe609de449538bc908651bf68002~mv2.jpg/v1/fill/w_333,h_250,fp_0.50_0.50,q_30,blur_30,enc_avif,quality_auto/71f788_c6ecbe609de449538bc908651bf68002~mv2.webp)
![The Payroll Protection Package [The PPP]](https://static.wixstatic.com/media/71f788_c6ecbe609de449538bc908651bf68002~mv2.jpg/v1/fill/w_514,h_386,fp_0.50_0.50,q_90,enc_avif,quality_auto/71f788_c6ecbe609de449538bc908651bf68002~mv2.webp)
The Payroll Protection Package [The PPP]
We have new information overnight, some clarifications, and still several unknowns. I will pass on here what we currently know: Again,...
Records In Order
Apr 4, 20203 min read


The Payroll Protection Package, Sales Tax, Other Business Helps
These are your options. Let’s review them, adding changes and new information the Feds and State have just released. Unemployment Or...
Records In Order
Apr 4, 20205 min read
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