Posts Tagged ‘Jennifer Eubanks’
GMU – Corporate Tax Implications of COVID-19
Presentation – GMU 2pm on Ma 28, 2020 Christine Landoll moderating a discussion with Jennifer Eubanks, Stephen Lawson, and Lina Ivanova on the effects of #covid19 on #corporatetaxes.
Read MoreSmall Businesses Suffer with SBA Out of Funds
On Thursday April 16th, just 14 days after small businesses across America were first able to apply for loans through the $349 billion Paycheck Protection Program, the U.S. Small Business Administration announced it had exhausted its allotted funds and stopped accepting applications. Ironically, Capital One and Wells Fargo opened their application portals within the last two days…
Read MoreCapital One still not accepting applications for the Paycheck Protection Program
While most banks have successfully rolled out online portals to accept Payroll Protection Program applications, Capital One remains closed for applications. Businesses who bank with Capital One are looking for other options. Below is a link to a list of banks taking applications from new customers, compiled by Forbes Magazine. https://www.forbes.com/sites/brianthompson1/2020/04/09/banks-and-fintech-companies-accepting-paycheck-protection-program-loan-applications-from-new-and-non-bank-customers/#599f3af8b950 We understand Gusto is…
Read MoreGoogle Tells us Who is Moving Around
Check the link below to see what Google tells you about the movement in your area. Google’s report tells us how we are responding to orders to stay home and shelter in place. How are we doing? Cutting to the chase: we are moving around less, and staying home more – but not all of…
Read MoreBREAKING UPDATE – Paycheck Protection Act: Where to find a loan, and how much am I eligible to receive?
We’ve spoken with so many of you, and understand there are many, many questions small business owners have surrounding the Payroll Protection Act, how it works, what banks are participating and how to apply for the funds. A few comments to the most frequently asked questions are below. How do I calculate Average Payroll Costs…
Read MoreStep by Step Guidance and Application Forms – A Small Business Owner’s Guide to the CARES Act
Please open or download this guide from the US Chamber of Commerce for detailed, step by step instructions for accessing assistance. The following files contain documents to assist calculating the Payroll Protection Act Loan amount, as well as the Borrower Application and Program Details.
Read MoreInterest on all student loans held by the Federal Government Waived due to COVID-19
Contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call 1-800-4-FED-AID. See link below for more information from studentaid.gov, including Q&A. https://studentaid.gov/announcements-events/coronavirus
Read MoreComprehensive List of Private and Public Loans, Grants, and Financial Support for Small Businesses
In light of the global COVID-19 pandemic, federal, state, and local governments, along with private entities, are mobilizing to provide economic relief as businesses and workers enter a period of uncertainty. Gusto compiled a comprehensive list of public and private loans, grants, and financial support programs aimed at small businesses: https://docs.google.com/spreadsheets/d/1SRBZE2_6Nftwd02M6Oxj8MoeuZ7y93spXIgIPhkkp2w/htmlview#gid=0
Read MoreNew Guidance from the DOL on Administering FFCRA Leaves
The DOL has provided Questions and Answers document for employers, to provide guidance ahead of the implementation date on Wednesday, April 1. The following are some highlights from the updated guidance: These leaves are not available to employees with reduced hours, furloughed employees, or employees whose workplaces are closed. See questions 23-28. These leaves are…
Read More3 Sources of Federal Relief for Small Businesses
Economic Injury Disaster Loans (EIDL) through the SBA The Coronavirus Preparedness and Response Supplemental Appropriations Act provided $1Billion of loan subsidies for the SBA Economic Injury Disaster Loan program for small business entities financial impacted as a result of the coronavirus. Please see our post here for more information about the program and how to…
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