In this week’s Monday episode (June 22, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that there was a lot of movement in various initiatives over the past week. The SBA finally updated their website to include the new PPP loan forgiveness application, as well as the EZ version of the application. The [...]
An emergency fund takes time and discipline to build, but you don't need to be a rocket scientist to learn how to track your expenses and save money. Some simple calculations will help you determine what you are able to save each month, and as a result, how long it will take to build an emergency [...]
This article was published by the IRS. The Employee Retention Credit under the CARES Act encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. Frequently Asked Questions General Information Determining Which Employers [...]
In this week’s Monday episode (June 15, 2020) of the Town of Plymouth’s “COVID-19 Daily Update,” Heather reported that last Friday, 40 bipartisan senators wrote a letter to the Trump administration asking the SBA and Treasury to make the debt forgiveness process simpler for small business. The original PPP loan application is only three pages long, [...]
This video was published by the IRS. Scammers are counting on confusion about the Economic Impact Payments to take your money and information. FTC Tip #1: Don't respond to calls, texts, or emails about money from the government. Government agencies like the IRS won't try to reach you on your social media accounts, or call, text, [...]
