The Small Business Administration (SBA) recently implemented changes to the Paycheck Protection Program (PPP) that affect self-employed individuals who applied for the loan. Sole proprietors and independent contractors have the ability to take advantage of full...
paycheck protection
Bipartisan Senators Propose $908 Billion Pandemic Relief Bill. Here’s What’s Included.
A group of 10 centrist lawmakers recently unveiled an approximately $908 billion economic relief plan, which has brought life back into stalled talks centered around pandemic relief packages. A second stimulus check, funding for state and local budgets, as well as...
The Small Business Loan Program – How it Missed the Mark
Small businesses across the country clamored to apply for loans under the first round of the Paycheck Protection Program (PPP), a $349 billion relief program for small businesses set up by the federal government. That first round of funding ran out in only 13 days but...
Coronavirus Stimulus Checks: What to Expect
As a result of the $2 trillion Coronavirus Aid, Security, and Economic Security (CARES) Act signed into law on March 27, 2020, the government is sending stimulus payments, either by check or direct deposit, to American taxpayers. Many Americans have already started to...
Is Your Business Eligible for a Small Business Loan with the Stimulus Package?
The Federal government is providing unprecedented relief to small businesses affected by the COVID-19 pandemic during this historical and tumultuous time of economic unrest. Below is an overview of the two main loans available to small businesses—the Economic Injury...
Update on CARES Act
Click here for a downloadable PDF version. As many of you know the CARES Act was signed in to law on March 27th, 2020 and this law has many different opportunities for both businesses and individuals. Here are some of the highlights of the new tax act. Personal...