President Signs PPP Flexibility Act

President Signs PPP Flexibility Act

As you are probably aware, I’ve been sharing information on the Paycheck Protection Program (PPP) since it’s release in April, and updates as they have occurred. The most recent update is the passage of the Paycheck Protection Flexibility Act H.R. 7010....
SBA Announces PPP Forgiveness Application

SBA Announces PPP Forgiveness Application

Are you a sole proprietor or business owner who received a Paycheck Protection Program, otherwise known as the PPP, loan? Are you wondering the next steps in order to have your loan forgiven? The SBA has released the forgiveness application, although banks aren’t yet...
IRS Extends Tax Deadline in Response to COVID-19

IRS Extends Tax Deadline in Response to COVID-19

In response to the COVID-19 pandemic, the IRS recently announced that the tax deadline to file 2019 returns has been moved from April 15th, 2020 to July 15th, 2020. This change was publicized after President Donald Trump’s emergency declaration pursuant to the...
Help for CA Businesses Impacted by Covid-19

Help for CA Businesses Impacted by Covid-19

We are dealing with an unprecedented situation. The global spread of a virus affecting how we live and operate our businesses. And as of yesterday, those of us in California were told we should shelter in place in our homes and all non-essential business should...
Beware of New Social Security Number Scam

Beware of New Social Security Number Scam

According to the IRS, taxpayers should be on the lookout for a new type of social security number phone scam. Recently, con artists have been calling unsuspecting taxpayers and threatening to suspend or cancel their Social Security numbers, citing unpaid or overdue...

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