SBA aims to expedite PPP Loans despite Fraud!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The U.S. Small Business Administration (SBA), is vowing to improve the loan review process for the Paycheck Protection Program (PPP) Loans. SBA said it is implementing a process Read more about SBA aims to expedite PPP Loans despite Fraud![…]

What Happened to My Second Stimulus Check?

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Well, unfortunately, the December stimulus bill set a Jan. 15 cutoff for the IRS and US Treasury to send the second stimulus payment to bank accounts and through Read more about What Happened to My Second Stimulus Check?[…]

New Guidance Issued for First-Draw PPP Loan Increases

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The U.S. Small Business Administration (SBA) released procedural guidance Wednesday night that details the requirements for Paycheck Protection Program (PPP) borrowers to reapply for a PPP loan or Read more about New Guidance Issued for First-Draw PPP Loan Increases[…]

SBA and Treasury Release New PPP Application Forms

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, released borrower loan application forms for the Paycheck Protection Program (PPP) which re-opened today (January 11) Read more about SBA and Treasury Release New PPP Application Forms[…]

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced this past Friday (January 8) that the Paycheck Protection Program (PPP) will re-open tomorrow (January Read more about SBA and Treasury Announce PPP Re-Opening; Issue New Guidance[…]

Simplified Accounting Rules for Small Businesses Finalized!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. As December was drawing to a close, the Internal Revenue Service finalized updates to various tax accounting regulations to adopt the simplified tax accounting rules for small businesses Read more about Simplified Accounting Rules for Small Businesses Finalized![…]

Ready for your STIMULUS Check!

I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments (AKA Stimulus Checks) to millions of Americans who received Read more about Ready for your STIMULUS Check![…]

Special Tax Deduction Available!

I hope you have managed to stay safe and well. We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area. Due to everything happening in the world this year, it’s easy to miss minute/small details. I would not blame anyone for not being aware of the $300 charitable Read more about Special Tax Deduction Available![…]