Economic Injury Disaster Loan Payment Extension

Since its inception, the COVID–EIDL program, a federal disaster relief loan, has allocated more than $351 billion in relief aid to 3.9 million borrowers, including to the smallest of small businesses from historically underserved, disadvantaged communities. Funds can be used for any normal operating expenses and working capital includeing prepaying commercial dept. In 2021, the SBA lengthened […]

Read More…

Employers Get Tax Breaks for Vaccination Leave

Small and midsize employers, and certain governmental employers, can claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. These credits are available to eligible employers that pay sick and […]

Read More…

Join our email list.

We’ll deliver accounting insights and advice straight to your inbox.