Business Owners Have Tough Choices When Using PPP Loan Funds
The “Money Talks” Experts provide some insight for business owners who have eight weeks to use their PPP loan funds for payroll costs if they want the loan forgiven.
Economic Impact Payments: Deadline to Provide Direct Deposit Info
The IRS announced Friday that time is running out for taxpayers to go to the Get My Payment website to enter their direct deposit information in order to receive an electronic economic impact payment (IR-2020-92). Taxpayers must enter their bank account information, if needed, by noon on Wednesday, May 13. After that date, any stimulus payments that have not been processed will be transferred to the Bureau of Fiscal Services for paper checks to be delivered, which the IRS estimates will arrive beginning in late May to early June.
Rebates Are Finally Flowing: Did You Get Yours? Was It Correct?
The IRS has finally started making those much-anticipated Economic Impact Payments. Did you get yours? Was it correct?