Businesses that obtained Paycheck Protection Program (PPP) loans now – as of May 15 – have a recipe to follow to have the loans forgiven. You have 56 days after the receipt of the proceeds to spend the money. If…
On Friday, May 15th, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) loan application. Borrowers use the application to determine the loan amount that may be “forgiven” by their lender. Learn more here...
Many small businesses that applied for the PPP Loans haven’t been able to continue operating under current social distancing rules that forced many nonessential businesses to completely or partially close their doors until states and municipalities reopened. Businesses that cannot…
Are changes to the Paycheck Protection Program coming? The Paycheck Protection Program (PPP) is providing many struggling small businesses with needed relief during the economic fallout from the coronavirus pandemic—but some lawmakers say the program needs to offer more benefits.…
Santa Barbara County Health Department placed a new order on essential businesses, effective April 24, 2020. Here is a summary of the requirements: Certain essential businesses may open with modifications to their operations and social distancing protocols. These essential businesses…
Companies’ and workers’ priorities have changed during the coronavirus pandemic. What will "business as usual" become in this place of "new normal"? Reopening won't be as simple as switching on the lights and welcoming employees back to their desks. Take…
Right now, employers may feel isolated. But you’re not alone. Mammoth and ThinkHR have been fielding numerous coronavirus-related questions from business owners like you. They have created a COVID-19 HR resource center to help you find the answers you seek…
As jobless claims reach record highs, states now have more guidance from the U.S. Department of Labor (DOL) on how to roll out the emergency unemployment benefits provisions of the Coronavirus Aid, Relief and Economic Security (CARES) Act. On April…
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer's share of social security taxes and self-employed individuals to defer payment of certain self-employment taxes. The IRS has released…
IRS.gov has released a tool that helps people who normally don't file get the Economic Impacat Payments. The tool provides a free and easy option designed for people who don't have a return filing obligation, including those with too little…
You are invited to join the Accountability Plus News email list. Sign up to receive notifications on news and happenings.
We keep you in balance
We’re the bookkeeping firm CPA’s trust
Contact Us
115 S. La Cumbre Lane Suite 100
Santa Barbara, CA 93105
Tel: (805) 899-1936
Fax: (805) 899-4126
Navigation