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Hi Michael. It sounds like you are assuming that he will get 10,000 from the EIDL which would essentially wipe out the 8,750. I think everyone on the planet thought that at first. But now it sounds ...
I posted in another discussion that guidance for PPP for self-employed is supposed to be released tomorrow. EIDL loan is another story. There are different levels of complexity and liability. From memory, ...
Thanks Bill... you set me in the right direction and now have confirmed my view. The client was supposed to have his profit sharing guru call me, but he hasn't yet.... perhaps he won't.... i did send the ...
The IRS has released infographics explaining the upcoming economic stimulus checks for people who have yet to file (or may not need to file) their tax return, and general information about the value of the payments. These PDFs are an excellent resource ...
NSA CEO John Rice has written an article to update members on the first day's activity of the Payroll Protection Program. It is apparent that businesses that are able to apply for loans from banks that are participating in the program are doing so in ...
The IRS and Department of the Treasury have released more information about the Employee Retention Credit program that has been recently launched. Below is the information directly from the source, covering business qualifications, credit calculations, ...
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