What’s Next Now that the Paycheck Protection Program Funds Are Exhausted?
You have probably seen on the news that the funds for the Paycheck Protection Program loan program have been exhausted. What does that mean for you? If you’ve already applied but have not heard back from your lender, hold tight. You may still have been approved and...What to Know about Employee Compensation with the Paycheck Protection Program Loan Forgiveness
One of the appealing features of the Paycheck Protection Program is that the loans from the program can be forgiven if certain requirements are followed. As discussed earlier, those requirements include maintaining the same number of full-time equivalent employees in...Yippee!! I Received the Paycheck Protection Program Funds. Now what? Think Before You Spend!
Your Paycheck Protection Program loan funds are finally here. Think before you spend them! Remember: to get a portion or all of the loan forgiven, you’ll have to prove that the funds went to approved expenses. Also remember: even weeks of self-quarantine with...Waiting for the Paycheck Protection Program Check to Arrive? 10 Ideas for Keeping Your Employees Working During COVID-19
Before you received your Paycheck Protection Program loan or any other loan, you might have had to lay off some or all your employees. Well, now is the time to get them ready to come back! But you may think your business is not conducive to remote work. Hair...Paycheck Protection Program Loan Forgiveness and Laying Off Employees: Five Things You Need to Know
The Paycheck Protection Program is designed to protect paychecks and keep people employed in a time when government-mandated restrictions have closed businesses or drastically reduced a business’s income. The act requires borrowers to maintain a certain number...Thanks For Visiting
Thanks for visiting our website! Christy and Toby look forward to speaking with you soon about your tax matters.