PPP Automatic Forgiveness for Loans Under $150,000
There have been 50 major changes to the PPP Loans since it first passed. The latest bill provides for automatic forgiveness of a paycheck protection loan that is $150,000 or...
30 June, 2020
COVID-19 Pandemic Tag
PPP Loan Forgiveness Updates
On June 17, the SBA released a new EZ version of the PPP forgiveness application. The EZ application requires fewer calculations and less documentation for eligible borrowers. View the EZ...
24 June, 2020
Tips to Keep Your Business Afloat During COVID-19
COVID-19 has had an unprecedented impact on all aspects of American businesses, but perhaps none have been as severely affected as small business owners. Surviving this disaster will require more...
22 June, 2020
Forced to Return to U.S. From a Foreign Job? IRS Has Provided Tax Relief
Article Highlights:Foreign Income Exclusion COVID-19 Interference Maximum Exclusion Waivers Example The IRS has provided relief for taxpayers who were working abroad and returned to the U.S. because of...
09 June, 2020
Senate Approves PPP Loan Modification Rules
Late Wednesday June 3, 2020 the US Senate backed the Paycheck Protection Program Flexibility Act of 2020, the House passed this bill on May 28th and it is now with...
04 June, 2020
Webinar: PPP Loan Forgiveness New Form & Updates
Haynie & Company and NOW CFO teamed up to educate and discuss how to utilize the forgiveness within the PPP SBA loan and better understand the new Forgiveness Application Form....
03 June, 2020
Couples and COVID-19: 5 Ways to Work Together to Protect Your Finances
The coronavirus pandemic has changed our lives in many ways, and whether you’re thinking about the physical and social aspects or the financial aspects, there is no clear end in...
30 May, 2020
Employers Can Grant Paid Leave for COVID-19
The IRS issued COVID Tax Tip 2020-63 on May 28, 2020.Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their...
29 May, 2020