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Carefree Bookkeeping Service LLC

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PPP loans

June 11, 2020 By Susie Jose 3 Comments

Changes to PPP with the Enactment of the Flexibility Act

The 2020 Flexibility Act for PPP Loan Funding

The Flexibility Act was Signed Into Law by President Trump 6/5/2020 and this Effects the Way PPP Works for Many Business Owners. We’re going to break it down the highlights of those changes for PPP Loans moving forward. The Flexibility Act changes the PPP Loan forgiveness calculation, but we have no word on the loan […]

Filed Under: Blog News Tagged With: EIDL, Flexibility Act, PPP loans

May 10, 2020 By Susie Jose Leave a Comment

There Were New IRS and SBA Rules Out This Weekend!

New IRS & SBA Rules

We were notified late Sunday about some new IRS and SBA rules that will effect a great number of small business owners who applied for and took advantage of the PPP Loan. The IRS is changing the rule for who can qualify to receive the PPP Money.  If you fall into the “I guess I […]

Filed Under: Blog News Tagged With: COVID-19, irs, payroll relief, PPP loans, sba

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