CARES Act, Funding, Small Business

Is The Third Time The Charm?

Things in Congress have been relatively quiet of late, thank goodness. After the flurry of activity in March and April, May was a nice reprieve. However, May also brought with it an entire new set of questions to be answered.  We received the Payroll Protection Program Loan Forgiveness Application from the Small Business Association and the Final Interim Rules from…

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CARES Act, Funding, Small Business

Let’s Talk Forgiveness

The Payroll Protection Program money is finally flowing into the small businesses who need it, but with the money comes an impending sense of dread and confusion. What expenses can be forgiven? What if I don’t spend all the money? What if the forgiveness calculation doesn’t equal the total loan? What about the employees who refuse to come back to…

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taxes

A Brand New Reality, Part 3

Here we are, day 91 of 2020, in a reality that seems stranger than fiction; not only are we being asked to stay away from people, “Tiger King” is trending on Netflix, and our kids’ dream of school being closed has come true. In this bizarre new reality, the constant uncertainty and rapidly evolving economic changes are a source of…

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