Corona Virus Relief (CARES ACT)
Today we’re talking all about the Corona Virus Relief (The Cares Act)
Tax and loan issues summary article from Forbes:
https://www.forbes.com/sites/anthonynitti/2020/03/25/congress-reaches-agreement-on-a-coronavirus-relief-package-tax-aspects-of-the-cares-act/#3d3a762f5f99
Other issues article from Forbes:
https://www.forbes.com/sites/kellyphillipserb/2020/03/25/senate-passes-coronavirus-stimulus-bill-house-expected-to-follow-suit/#29cd2bb94475
Here is an article on how Enhanced Unemployment Benefits will work: https://www.americanactionforum.org/insight/enhanced-unemployment-benefits-in-the-coronavirus-aid-relief-and-economic-security-cares-act/
More detailed information on the Paycheck Protection Program:
https://bench.co/blog/operations/paycheck-protection-program/
Text of Bill (Scroll down in the link)
https://www.congress.gov/bill/116th-congress/house-bill/748/text
SBA rules for PPP loans (4/4/2020)
https://www.sba.gov/sites/default/files/2020-04/PPP–IFRN%20FINAL_0.pdf
Accounting Classes
Accounting Classes Transcript: I tried taking a course on ethics for my CPE credits, but everything contradicted what I learned in my accounting classes. To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and may not accurately reflect exactly what was said. Alan Olsen, is the…
Educational Tax Loss
Educational Tax Loss Transcript: So if I can’t find a job, does that mean that I can count my education as a tax loss? To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and may not accurately reflect exactly what was said. Alan Olsen, is the…
Counting Your Dependents
Counting Your Dependents Transcript: So I just got back from a trip down to Mexico. I got a tapeworm down there. Yeah, at first I was upset, but then I got over it. I claimed him as a dependent and then I got myself an Earned Income Tax Credit. To receive our free newsletter, contact us here.…
An Accountants Glass
An Accountants Glass Transcript: Well you know pessimists, they see the glass as half empty. And optimists, see it as half full. But accountants… they see it being twice as big as it needs to be. To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and…