Payroll Protection Program – Round Two
After much deliberation, Congress finally agreed to approve a $900 billion COVID-19 relief package as part of the Consolidated Appropriations Act, 2021. Included in that amount is $284 billion for…
SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
On October 8, the U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.…
How Can We Spend Our PPP Funds and Still Have Them Forgiven
Please join us on Friday, May 8th, at 1:00 pm ET for a webinar discussing doctors' budgeting concerns during this challenging time. We will be talking about how to allocate…
How to Request Documents from LLI Advisory Group
We hope you are all safe and well during these unprecedented times. There has been an overwhelming request for tax return documents from many of our clients who have been…
CARES Act Update
Friday, April 10, 2020 Paycheck Protection Program (PPP) Banks have started to accept and process PPP applications. We anticipate that the major banks, such as Bank of America and Chase,…
Paycheck Protection Program
While the Federal government is assisting small businesses through a Small Business Administration loan under the Paycheck Protection Program (PPP) via the CARES Act, there are still some issues that…
CARES Act Update
Monday, March 30, 2020 LLI hopes that you and your loved ones are safe and healthy during this unprecedented time. We have been doing our best to get information out…
Small Business Interruption Loans Under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)
New legislation in the wake of the coronavirus pandemic provides funding for the SBA to provide low-interest disaster assistance loans to struggling small businesses. On March 6, the Coronavirus Preparedness and…
AADOM Membership Offer
When we receive information about programs that could be beneficial to you, we like to pass it along. Please read the information below about a special membership offer from the…
Status of New Jersey, New York and Pennsylvania Tax Filing Deadlines
March 26, 2020 New Jersey A bill that has been passed by the New Jersey Legislature would extend the state’s tax filing deadline to June 30. The bill awaits Governor…