by R.L. Goodrich | Jan 18, 2021 | Businesses, COVID-19, News, PPP, SBA
A new round of Paycheck Protection Program (PPP) loans have been announced as part of the massive legislation that was signed into law on December 27, 2020. As with the first PPP, the loan is forgiven if spent on allowable expenses and the funds are limited. It is...
by R.L. Goodrich | Jan 14, 2021 | COVID-19, Individuals, IRS, News
We knew COVID-19 was going to have an effect on tax return processing, but we didn’t know it would still be going on. Honestly, the IRS didn’t think it would either. During the midst of the pandemic, a lot of federal offices closed, including the IRS....
by R.L. Goodrich | May 15, 2020 | COVID-19, Guidance, PPP, SBA
As many of you have started to receive funds from the Small Business Association’s (SBA) Paycheck Protection Program (PPP) loans provided by their lenders, I wanted to offer you some suggestions for tracking the use of these PPP loans. It is essential that you are...
by R.L. Goodrich | Apr 17, 2020 | COVID-19, Guidance, Individuals, IRS
This week was the one that millions of Americans have been waiting for: their stimulus payments. On April 15th 2020 people began receiving the $1,200 stimulus checks from the federal government as part of the $2.2 trillion-dollar Coronavirus Aid, Relief, and Economic...
by R.L. Goodrich | Apr 6, 2020 | Businesses, COVID-19, Individuals, Unemployment
Many of you have asked me about unemployment benefits and the recent changes due to the COVID-19 outbreak. There are several changes with most at the state level, since it is each state’s Department of Labor that controls unemployment benefits. In addition to your...
by R.L. Goodrich | Apr 3, 2020 | Businesses, COVID-19, PPP, SBA
SMALL BUSINESS PAYCHECK PROTECTION PROGRAM- STARTS TODAY The Paycheck Protection Program (PPP) provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities....
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