Resources & Blog

Visit us in Booth 1601 at Javits Center from November 28 – December 1 to meet our dental accounting experts! For more information and to register for the Greater New York Dental Meeting, read this article.

Certain New Jersey employers will be required to provide a retirement plan for their employees beginning March 28, 2022. For more information, read this article

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 a second round of the Paycheck Protection Program (PPP). The new relief package includes:

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. This action simplifies the PPP forgiveness process while ensuring proper management of taxpayer dollars. The Small Business Administration began to approve PPP forgiveness applications and […]

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 funds from the PPP program to capitalize on the program the most for your practices and gain maximum forgiveness. We will be making very valuable […]

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 applying for loans, lines of credit, or mortgages, or who are refinancing existing mortgages. To enable us to better assist you and fulfill your request, […]

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, will process and fund these applications rapidly. Please keep in mind that upon approval/funding, the 8-week covered period to utilize the money will start. Congress […]

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 need to be worked through before this program can be implemented. The SBA and the administering banks have recently come to terms on lending guidelines, […]

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 to everyone in a timely manner. On Friday, March 27th, the Small Business Interruption Loan Under the Coronavirus Aid, Relief, and Economic Security Act (“CARES […]

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 Response Supplemental Appropriations Act was passed, providing $20 million for the SBA to leverage $7 billion in low-interest disaster assistance loans to small businesses. […]