Paycheck Protection Program Flexibility Act
As you may know, the initial rollout of the program was rocky and some provisions of the program were criticized by businesses as not doing
As you may know, the initial rollout of the program was rocky and some provisions of the program were criticized by businesses as not doing
As there is much information and law changes occurring lately, below is a brief summary of some relief programs for businesses effected by the COVID-19
The IRS just announced that the second quarter estimated tax payment for individuals that was due on June 15, 2020 has been pushed back to
These are SBA 7(a) loans that have been authorized for the SBA to lend to small businesses as part of the Coronavirus Aid, Relief and
This is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. Lenders may begin processing these loans as soon as
The economic downturn and public health crisis has hit as many firms and individuals are completing tax returns for the 2019 tax year. The IRS
Amounts of Small Business Administration Section 7(a)(36) guaranteed loans that are forgiven under the CARES Act aren’t taxable as discharge of indebtedness income if the
Taxpayers (including self-employed individuals) will be able to defer paying the employer portion of certain payroll taxes through the end of 2020, with all 2020
Eligible employers can qualify for a refundable credit against, generally, the employer’s 6.2% portion of the Social Security (OASDI) payroll tax (or against the Railroad
Newsom and Associates PA
12740 Atlantic Blvd
Suite 7
Jacksonville, FL 32225
Hours of Operation
Mon-Fri: 8:00am-5:00pm
Sat-Sun: By Appointment
Tel: (904) 320-0572
Fax: (904) 320-0576