PAYCHECK PROTECTION PROGRAM LOAN UPDATE

Dear clients and friends, The SBA has released its loan forgiveness application to be submitted to banks. Congress is discussing changes to the program and we expect that additional changes will be made to the cost certification requirements. However, as of today, this is where we stand. The pertinent details are summarized below: –    The payroll[…]

UPDATE ON STIMULUS PAYMENTS

Dear clients and friends,   As you probably know, the CARES Act included stimulus payments to individuals – $1,200 per taxpayer and $500 per qualifying dependent. If the service has your banking information from previously filed tax returns, the payment has been, or will be, directly deposited to your bank account. If the service does[…]