Blog
For The Sake of Your United States Business, Don’t Navigate This Extended Tax Season Alone
...don't navigate this season alone.The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your United States business) ... well, the more that we discover that...
Big PPP Loans Forgiveness Update From The IRS For Sacramento Businesses
Are you tired of talking and thinking about the PPP? Because I'm tired of talking and thinking about the PPP.That said -- this program has been a lifesaver for a variety of my Sacramento clients, and it has provided a great shot in the arm for others.And, well ... we...
Should Your Sacramento Business Consider Returning The PPP Loan?
There has been a lot of recent chatter about the PPP money, who got it, who didn't, and even if some Sacramento companies should pay it back.Well, I have some thoughts on this for you today, but ultimately, you will have to be the one who makes this decision.It's an...
A Big IRS Update For Sacramento Businesses On Using The PPP Loan Funds
Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Sacramento businesses.Ouch.The IRS just released new guidance to this end...
An SBA Funding Update And Four Scenarios Your Sacramento Business Could Be In
The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...
What Your Sacramento Business Should Do If They Received PPP Funding
I promise that one day I'll write to you and my Sacramento area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a...
Five Ways To Get Small Business Help Right Now For Your Sacramento Business
I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...
What Your Sacramento Business Must Do While Awaiting SBA Payroll Loans
Before I get into some of what we have learned over the weekend about the SBA payroll program, I want to speak to you -- business owner to business owner.To survive in this hour, you will NEED two major qualities: Clarity and Patience.The SBA payroll program offers a...
A Guide to Paycheck Protection Program Loans for Sacramento Businesses
This is a very important message, and I'd like you to read it carefully.Here at Team Sacramento Tax Resolution, we have been walking closely with our Sacramento business owner clients (and many, many new business owners who have been reaching out) to cut through the...
What Does The CARES Act Mean For Your Sacramento Small Business?
These days are moving VERY quickly, and we are working VERY hard to get communication out to our Sacramento clients and friends.You probably already heard that the CARES Act (the mammoth 880+ page disaster relief bill) was signed over the weekend, and help IS indeed...
Sacramento Tax Resolution COVID-19 Policy
Until further notice.This is a busy, fearful and unprecedented time of the year for all of us. We are in your corner, even still.Due to the Coronavirus Pandemic, our office has stopped seeing clients face to face, until further notice. We will continue to accept...
The In-Person IRS Debt Threat For Sacramento Taxpayers
The IRS shared something this week that might be (and probably SHOULD be) causing some angst in certain corners.But before I get to that, would you do me a favor?If you have used our services before (whether dealing with an IRS debt issue or even other, more basic tax...
