SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
As we did back in late March and early April of this year when government assistance became available to businesses in the US that were suffering due to the COVID-19 virus, we wanted to make you aware of some new developments as it relates to PPP loan forgiveness. ...
NC Extra Credit Grant Program for 2019 Taxes
On September 4th, Governor Roy Cooper signed into law the Coronavirus Relief Act 3.0, which was passed by the North Carolina General Assembly. The law includes the Extra Credit Grant program to be administered by the North Carolina Department of Revenue (NCDOR)....
FAFSA for 2021-2022 Academic Year Opens on October 1st
The FAFSA (Free Application for Federal Student Aid) for the 2021-2022 year opens on October 1, 2020. The FAFSA is a prerequisite for federal student loans, grants, and work-study. In addition, colleges typically require the FAFSA before distributing their own...
Payroll Tax Deferral – Employers Need to Know the Facts
On August 28, 2020, the U.S. Treasury Department and Internal Revenue Service (IRS) issued Notice 2020-65 (Treasury Notice). This notice implemented the Presidential Memorandum that was issued on August 8, 2020 which allowed Employers the option to defer (i.e....
The Ugly Side of the American Dream | The American Dream – STEP 3
Updated January 2024 First of all, let me tell you that it is much easier for me to write this article telling you what you should be doing than for me to do it. The subject is Ugly, Gruesome, Hideous & Repugnant! As our Managing Member, I hate this side of our...
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