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Blog January 2021

2nd Round of PPP Loans

SBA wants to prioritize loans to minority and disadvantaged firms with its first tranche of new PPP authority . Loan details The Paycheck Protection Program (PPP)...

PHEL Info WEBINAR presented by Michael Santo

PHEL WEBINAR - 80 Hours of Paid Leave to all Colorado Employees

PowerPoint Slides PHEL - 80 Hours Paid Leave - Client Request Form

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Other Blog Articles

The SECURE Act and Other Last-Minute Tax Changes

Despite all the gridlock in Washington, as well as an impeachment, the SECURE Act has passed. It changes a number of important retirement plan rules. The act runs over 120 pages, so the experts will be poring over it for some time.

IRS Issues Warning on Fraudulent Unemployment Forms

The latest financial scam involves fraudulent Form 1099-G, which government agencies use to report unemployment compensation. The IRS issued the following notice:

Special PPP Loan Provisions for Small Businesses 2/22/2021

Starting on Feb. 24, 2021, the SBA is establishing 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employees. This is according to guidance on the SBA and White House sites.

2nd Round of PPP Loans

SBA wants to prioritize loans to minority and disadvantaged firms with its first tranche of

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