by Akila Sivakumar | Jul 29, 2020 | COVID-19
The Small Business Administration (SBA) has recently told lenders they will start accepting Paycheck Protection Program (PPP) loan forgiveness applications starting August 10, 2020. The SBA had originally stated that borrowers could apply for forgiveness as soon as...
by Paula Kennedy, EA | Jul 28, 2020 | Tax
COVID-19 is changing the landscape for many schools this fall. But many children and young adults are going back, even if it’s just for online learning, and some parents will be facing tuition bills. If your child has been awarded a scholarship, that’s cause for...
by Kaitria LaFleure | Jul 28, 2020 | COVID-19
A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope with the crisis as “the hammer and the dance.” The hammer was the abrupt shutdown of most businesses and institutions; the dance is the slow...
by Kaitria LaFleure | Jul 28, 2020 | COVID-19
The state of Michigan announced a new Michigan COVID-19 Safety Grant Program on July 23 , which will provide small businesses with matching funds of up to $10,000 to decrease the risk of COVID-19 spread, through safety and health-related equipment purchases and...
by Brian Hare, CPA, CGMA | Jul 21, 2020 | Business, Tax
During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services instead of paying cash for them. If your business gets involved in bartering, remember that the fair market value of goods that you...
