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...
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,...
