Main Street Lending Program open to nonprofits

In late July, the Federal Reserve announced that not-for-profit organizations  may now apply for loans under the $600 billion Main Street Lending Program. Previously open only to for-profit businesses with more than 100 employees, the program offers low-interest loans...

AICPA gives 5 good reasons not to rush your PPP forgiveness application

Borrowers who received Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act are asking their CPAs if and how they will qualify for PPP loan forgiveness. There is uncertainty over some of the program details....

How competitive is your company in a changed economy?

Just about every business owner’s strategic plans for 2020 look far different now than they did heading into the year. The COVID-19 pandemic has changed the economy in profound ways, forcing many companies to recalibrate suddenly and severely. As your business moves...

After you file your tax return: 3 issues to consider

Happy Tax Day! The tax filing deadline for 2019 tax returns was extended until July 15 this year, due to the COVID-19 pandemic. After your 2019 tax return has been successfully filed with the IRS, there may still be some issues to bear in mind. Here are three...
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PPP and EIDL Programs Extended

PPP and EIDL Programs Extended

The Paycheck Protection Program application deadline has officially been extended to August 8th.  Under the program, the SBA had approved almost 4.9 million loans, totaling $520.6 billion....

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Be alert to tax fraud

Be alert to tax fraud

Fraudsters are on attack, using malicious email, text message and telephone scams designed to steal tax refunds and government stimulus checks being distributed to eligible individuals....

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