PPP forgiveness and repayment: What businesses need to know now

A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP), which was created in March 2020 by the CARES Act. If these borrowers don’t take action before the deadline expires, their loans will become standard loans, and the borrowers could be responsible for repaying [...]

By |2021-07-25T13:45:57-06:00July 25th, 2021|

SBA Loan necessity questionnaire may be going away soon

SBA's loan necessity questionnaire for PPP loan forgiveness applicants may be going away soon.  They are currently evaluating this and we believe SBA will be making a formal announcement about this in their frequently asked questions section. Nearly 71% of PPP loans have not applied for debt forgiveness.  One main reason is caused by [...]

By |2021-06-28T07:22:27-06:00June 26th, 2021|

The Biggest Winners and Losers in President Biden’s Proposed Individual Tax Plan

President Biden presented his $1.8 trillion American Families Plan, which focuses on expanding benefits for education, children and childcare. The Biden administration intends to pay for the plan with a series of tax hikes on certain individual taxpayers. Depending on your income and source of wealth, there are some clear winners and losers of [...]

By |2021-06-25T20:10:52-06:00June 1st, 2021|

Vaccine Hesitancy: Why We Have It and How It Affects Employers and Employees

According to a Tufts University survey, six in ten of those surveyed are now vaccinated against COVID-19. However, almost 40 percent of the unvaccinated respondents said they won't get the vaccine. Only 28.5 percent of the remaining unvaccinated respondents said they will get vaccinated against COVID-19 in the future, with the remaining unvaccinated respondents [...]

By |2021-06-26T00:59:31-06:00June 1st, 2021|
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