No, it isn’t an April Fools prank. There are ways small businesses can receive cash in a short period of time. There are a number of loans and other programs available, however, keep in mind that businesses may not apply for different loans to cover…
Author: Lisa Waterman
SBA Loan Applications & Other News!
Everyone has questions about the Coronavirus Aid, Relief and Economic Security (CARES) Act that was passed by Congress and signed by the President last Friday. It is a voluminous bill of over 800 pages and provides $2 trillion designed to provide relief for American workers,…
The CARES Act and Other News
The Coronavirus Aid, Relief and Economic Security (CARES) Act that was passed by Congress and signed by the President is a $2 trillion package designed to provide relief for American workers, businesses, hospitals, government, and certain nonprofits and other employers. A voluminous bill of over…
Newsbreak for March 26, 2020
On Wednesday evening, the Senate passed a $2 trillion stimulus package which is designed to provide relief for American workers, businesses, hospitals and government which are sorely in need during the coronavirus pandemic. It was approved unanimously by a 96-0 vote, and now must be…
IRS Announces People First Initiative
The IRS has unveiled the new People First Initiative to help everyone coping with the challenges of COVID-19. Relief is provided on a variety of issues ranging from easing payment guidelines to postponing compliance actions. Specifics about the implementation will be shared soon. For more…
Garibaldi Group Newsbreak For March 24, 2020
We are continuing to monitor events, and while it is ever evolving, we hope you are finding it useful. We had hoped to be able to bring you news of a new Federal Stimulus Bill today which is sorely needed to provide financial assistance to…
Garibaldi Group Newsbreak For March 19, 2020
As previously discussed, we are continuing to keep you abreast of a fluid situation that changes by the minute. The IRS will allow Taxpayers to defer payments for their 2019 tax returns until July 15. This is subject to certain caps: Individuals can defer payments…
IRS April 15, 2020 Tax Filing Deadline
As discussed in a previous post, we will continue to keep you abreast of a situation that changes by the minute. There is a lot of information out there, and you need to carefully digest it and discern the accuracy. It is a very fluid…
Accounting In Uncertain Times!
In these unprecedented times, we are taking steps to make sure we can continue to serve you and maintain the health and safety of our staff as our nation deals with the COVID-19 pandemic. We are closely monitoring the situation, and our offices are currently…
Highlights of The Spending Package’s Tax Law Changes
The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. The agreement on the spending…