Updated 6/5/2020 to reflect the passage of the Paycheck Protection Program Flexibility Act. Congratulations on receiving a Paycheck Protection Program forgivable loan! But if you want to receive loan forgiveness, you need to use it for eligible expenses and keep detailed records. Read on to learn about Paycheck Protection Program (PPP) loan accounting.
Read More PPP Loan Accounting: Creating Journal Entries
If you’ve been keeping up with the news, you know that the IRS began sending out Economic Impact Payments to qualifying recipients. These stimulus checks will go out in a few rounds, so don’t panic if you weren’t included in the first send-off.
Read More Is a Stimulus Check En Route to You? FAQs About Economic Impact Payments
Updates for Businesses & Employees The information in this article is current as of June 5, 2020, 2:35 p.m. EST. Our entire nation has been impacted by the coronavirus. Due to the quick spread of the virus, the economy has taken a hit. Business operations nationwide, particularly in small businesses, have been disrupted. Increased isolation […]
Read More Small Business Relief During Coronavirus Pandemic
Updated 6/5/2020 to reflect the passage of the Paycheck Protection Program Flexibility Act. From state-mandated stay-at-home orders to stimulus packages, there’s a lot changing because of the coronavirus. We know you want answers fast. That’s why we’ve put together the following list of coronavirus facts and small business resources.
Read More Small Business Resources for Dealing With COVID-19
Has your business slowed or completely shuttered operations because of the coronavirus? If so, you can take solace in the fact that there are both federal and state initiatives to fall back on.
Read More State-by-state Coronavirus Guidelines: Tax Relief & Unemployment Updates