1. There is a strong push in D.C. to have the tax deadline automatically extended until July 15th. Initially this idea was floated several weeks ago, and the IRS stated it would not be extended. However, Congress member have now stepped in “suggesting” that the extension is needed. Stay tuned. 2. It was announced this… Read More
Two items of interest that I want to make: First, there is a lot of talk about the filing deadline being extended to July 15th like what happened in 2020. We will have to wait and see what happens because last year we did not get official notice of the extended deadline until March. We… Read More
Hurricane Zeta Relief The IRS issued the following memo regarding Hurricane Zeta relief. This only applies to residents of Harrison, Hancock, Jackson, George, Stone, and Green counties. … Read More
“PPP Round 2?”… Read More
Borrowers delay applying for PPP loan forgiveness in hopes of better deal… Read More
Here is another story where bankers are recommending to wait to apply for PPP forgiveness.… Read More
This is an interesting article about waiting to apply for PPP forgiveness.https://www.jdsupra.com/legalnews/ppp-loan-forgiveness-why-wait-24920/… Read More
CNBC on PPP Forgiveness:… Read More
Here is an interesting article from Forbes about a potential second stimulus package for small businesses:… Read More
This is a very interesting article about PPP Loan Forgiveness.… Read More