This is not a drill! We cover all the recent updates and new information regarding tax deadline shifts – what is included and what is not, the second draw opportunity for the Paycheck Protection Program and the targeted EIDL advance application.
CPA
Email isn’t going away anytime soon; it will continue to reign supreme in the business hierarchy of communication for quite some time, so we must find a way to make it work for us, rather than dictate our work.
“The old proverb still holds good, thieves are never rogues amongst themselves.”
A few things to be aware of as we slide into tax season.
The SBA pushed out guidance on the new “PPP Second Draw Loans” yesterday. While we still don’t have sight of the application and the “portal” isn’t open for banks to submit loan packages we do have more answers – not all, but more.
This “second-draw” of forgivable loans is aimed at “harder hit” small businesses.
What do liquid lunches, PPP, Unemployment, and Cape Cod Bridges have in common? This bill.
You got/took/accepted an EIDL Loan … (kind of like saying 4C’s college) … So where do you go from here?
Thanksgiving presents the perfect time to reflect on the challenges, opportunities, relationships, and triumphs we have faced and find our gratitude for the new perspective and lessons this year has provided.
Now that we are off and running with many, many businesses applying for the loans, and the banks starting to turn around approvals and funding – what should you do when hear from the bank that you’ve been approved and funding committed?
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