We at SBC-CPA would like to take this time to address our concerns and preventative measures associated with the novel Coronavirus 19 (COVID 19). Foremost, our thoughts and prayers are with those around the world who have been affected by this virus.
Our office is open and our team is healthy and fully focused on meeting all accounting, payroll and tax deadlines. As a safety measure for our clients and staff, we are temporarily suspending in-person meetings but will continue to meet with clients using video/telephone conferencing technologies as needed.
Our virtual business model supports full productivity and efficient processes. We are asking clients to please submit your tax and financial documents to us using our secure Client Center portals. Clients that do not wish to electronically upload their documents should send their tax and financial documents via the US Postal Service or overnight courier services. Our main focus is on the continued health of everyone!
Target dates remain as previously set. We will advise you of any changes if necessary.
Also, we highly recommend that you visit the websites for your Home State Health Department and the Centers for Disease Control and Prevention (CDC) for current guidelines on good hygiene practices to prevent the spread of COVID-19 and other respiratory diseases.
The website for Florida residents and businesses is Florida Health Department. Our main focus is the continued good health of everyone!
Please be sure to reach out to us with concerns or questions. We are here to help!
It’s safe to say that most people are laser focused on money right now—specifically on how to make it last longer. To help you do just that, we compiled the following list of tips for spending less in 2020:
The U.S. House overwhelmingly (417-1) approved legislation Thursday, May 28th, making it easier for small businesses and other recipients of Paycheck Protection Program (PPP) funding to qualify for forgiveness of the loans.
The House bill, called the Paycheck Protection Program Flexibility Act (PPPFA), H.R. 7010, includes:
The following are the rules for the Paycheck Protection Program — especially in relation to maximizing Loan Forgiveness. Regulations and guidance from the government have evolved and we will continue to keep you updated on changes moving forward.