Third Round Of PPP Funding
A third round of Paycheck Protection Program (PPP) loans was authorized into law on Dec. 27, 2020.
Category: Covid-19
PPP Extended Until May 31
An extension was signed for the popular Paycheck Protection Program (PPP), which was created to help small businesses weather the economic fallout from COVID-19. The deadline to apply for a PPP loan has been extended from March 31 to May 31.
Tax Day Extended To May 17
The federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.
Employee Retention Credit Extended
The American Rescue Plan, gave businesses until Dec. 31, 2021 to claim the credit — an addition of six months from the deadline established in December 2020.
Nov 10th Is Register For Economic Impact Day
The Internal Revenue Service today set November 10 as "National EIP Registration Day," as the agency and partners across the country launch a final push to encourage everyone who doesn't normally file a tax return to register to receive an Economic Impact Payment.