Are you Eligible for this New Round of Stimulus Check?
If you live in the state of California you are about to receive a brand new stimulus check. Governor Gavin Newsom signed additional COVID-19 relief legislation this week that will…
G7 Countries reached agreement on 15 percent minimum global tax rate
Finance ministers for the G-7 advanced economies (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) announced Saturday they have reached an agreement at the G-7 meeting…
President Biden proposed new minimum tax rate for corporations: instead of raising corporate tax rate to 28%, Biden has offered to create a minimum 15% for businesses.
During a private meeting on Wednesday, June 2, President Joe Biden proposed a new minimum tax rate for corporations, instead of raising corporate tax rates to 28%, Biden has offered…
Tax Hikes on high-income Americans?
President Joe Biden is contemplating new tax hikes aimed at high-income families to finance the second phase of his multitrillion-dollar infrastructure plans, according to people familiar with the discussions, Politico…
Federal Tax Filing and Payment Deadline Extension
#ICYMI: The federal tax filing deadline has been extended to May 17, 2021. While you now have more time, we still encourage all taxpayers to file their taxes now to…
President Biden promised not to raise taxes on people earning less than $400,000.
📷 President Biden speaks about the COVID-19 pandemic during a prime-time address from the East Room of the White House, March 11, 2021. (AP Photo/Andrew Harnik) Let’s take a look…
PAYCHECK PROTECTION PROGRAM Round 2
The Paycheck Protection Program (PPP) already started to receive new applicants, the Treasury Department confirmed on Wednesday 1/13. Click HERE for SBA Online Resources …
Frequently Asked Questions (FAQs) on PPP Loan Forgiveness
ABOUT PAYCHECK PROTECTION PROGRAM Concerns of a Paycheck Protection Program (PPP) surprise deadline for the end of October came to the attention of the U.S. Small Business Administration (SBA) because…
Important Information about Payroll Deferral
President Trump signed a memorandum on August 8, 2020 that directs the Treasury Secretary to defer the withholding, deposit, and payment of the employee Social security taxes for wages paid…
Senate passes bill to fix PPP loan program, clearing it for President Donald Trump’s signature.
The Senate unanimously passed the bill on Wednesday evening to give business owners more flexibility and time to use loan money, and still get it forgiven as part of the…