2020 Business tax filing Season ends in
EXTENDED TAX RETURNS DUE ON 15TH OCTOBER, 2020
Beginning April 3, 2020, small businesses and sole proprietorships can apply for and receive loans to cover their payroll and other certain expenses through existing SBA lenders. Starting April 10, 2020, independent contractors and self-employed individuals can apply. Other regulated lenders will be available to make these loans as soon as they are approved and enrolled in the SBA program.
BUSINESS OWNERS:
Lose Money From COVID-19? We can Help!
Financial Advice for Business Owners During COVID-19
This is a health crisis that has turned into a financial crisis on a scale we’ve never seen. if you’re a business owner – what can you do?
Well, there’s a lot to do..
– SBA Financial Support
– COVID-19 Payroll Tax Credits
– Cash Payments To Businesses In Distress
– Tax Extension For Business & Individual Returns
– Cash Management & Forecasting
Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
Recovery rebate payments to be issued within 3 weeks
Applications for small business Paycheck Protection Program open April 3
CARES Act tax provisions aim to stabilize pandemic-ravaged economy
Economic Impact Payments
The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.