UPDATED PPP Loan Forgiveness Information

In March, Congress created an entirely new SBA product, the Paycheck Protection Program (PPP) loan.  It has been a whirlwind ever since, trying to sort out the details and keep up with frequent changes as to how this was going to work. The dust has settled somewhat on the loan application process, but the biggest

Now that people are receiving these payments, we’re getting lots of calls from others who haven’t gotten theirs yet.  We knew IRS would be sending the payments out in waves, so that’s not surprising.  We don’t know for sure exactly how IRS is deciding who will be included in each batch, but we would like

Hands down, this has been the most unusual tax season in my 28-season career!  Normally it would now be one week and counting to the end, but not so this year.  Here are a few quick notes about important changes and planning opportunities brought about because of the pandemic. 2019 Tax Returns:  July 15 is