by Eric Beepat | Apr 4, 2020 | Corona Virus Payroll Credits, Small Business
Small and midsize employers can begin taking advantage of two new refundable payroll tax credits provided under the Families First Coronavirus Response Act. They have been designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing...
by Eric Beepat | Apr 3, 2020 | Economic Impact Payments
Seniors do not need to file a short return Earlier this week, the IRS said that “some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.” This directly conflicts with wording in the CARES Act,...
by Eric Beepat | Apr 1, 2020 | Small Business
CARES Act Paycheck Protection Program vs. SBA’s Economic Injury Disaster Loans The President signed the CARES Act last week introducing a new small business relief program called the Paycheck Protection Program. It reserves nearly $350 billion to provide a...
by Eric Beepat | Apr 1, 2020 | Rental Property, Small Business
Just wanted to bring attention that Landlords/Rental Property Owners affected by the Covid-19 pandemic are eligible for the SBA Economic Injury Disaster Loans. Quick details on the loans: These loans are up to $2MM The loan terms are 30 years, 3.75% rate...
by Eric Beepat | Mar 24, 2020 | Uncategorized
Since Real Estate is pretty much on hold, I am deciding to put on my CPA hat and provide resources via my CPA Website’s blog and social media posts. This break allows me to get moving earlier than expected. My goal, whether in real estate or as a CPA to...