by Eric Beepat | Apr 24, 2020 | Small Business
Paycheck Protection Program: Round 2 The President signed a bill Friday creating a second round of loan funding for companies struggling to retain employees. There will be $310 billion for the Paycheck Protection Program, $50 billion for the Economic Injury Disaster...
by Eric Beepat | Apr 15, 2020 | Economic Impact Payments
IRS: Get My Payment Portal The IRS “Get My Payment” Portal is now active. It allows taxpayers to give the agency direct deposit information for their bank accounts if they didn’t include it on their 2018 or 2019 returns. Treasury and IRS officials are hoping to get...
by Eric Beepat | Apr 11, 2020 | Economic Impact Payments
“Get My Payment” App to Arrive Next Week: The U.S. Department of the Treasury and the IRS are launching the “Get My Payment” app next week. At that time, I will update this post with additional information and relevant links. The app is free and will...
by Eric Beepat | Apr 8, 2020 | Small Business
SBA Express Bridge Loans: Summary I’ve shared some info on the CARES Act already, but there are other programs, such as the Express Bridge Loan Pilot Program (EBL), that offer small businesses assistance. The Small Business Administration (SBA) expanded its EBL...
by Eric Beepat | Apr 4, 2020 | Economic Impact Payments
Be aware of potential scams regarding the Economic Impact Payments!! The IRS is warning on possible fraud and identity theft scams tied to the economic impact payments. Because of the pandemic, scammers and phishers may try to take advantage. They will try ways to get...