We have already filed for many clients and can help you too. PPP is designed to provide loans to assist Small Businesses of 500 employees or less to cover payroll and basic expenses. If you follow the regulations, these have a portion that may be forgivable and turn it to a grant. We will provide calculations for potential relief and prepare your filings.
Our tax professional stay up to date with the regulations and can help you get the appropriate relief under these new regulations. There are loans for companies that have been impacted by a disaster, such as COVID-19 under the CARES ACT. We can assess if you meet those requirements and help you prepare the filings for this loan.
Call us to discuss and we can advise you on your eligibility under the CARES ACT plans by the federal government. Our team has long standing relationships with many banks and leverage those to help you obtain the proper COVID-19 Relief. We also can advise on Families First Coronavirus Response Act (FFCRA).