Accounting Heritage Group

12/31/2020

🚨 NEW: Today, SBA announced that the deadline to apply for the Economic Injury Disaster Loan program for the pandemic disaster declaration has extended to 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟯𝟭, 𝟮𝟬𝟮𝟭.

To date, SBA has approved $197 billion in low-interest loans which provide U.S. small businesses, non-profits and agricultural businesses working capital funds. Economic Injury Disaster Loan applications will continue to be accepted through December 2021, pending the availability of funds.

Loans are offered at affordable terms, including a 3.75% interest rate for small businesses and 2.75% for non-profit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. All eligible small businesses and nonprofits are encouraged to apply.

➡️ Learn more and apply: https://www.sba.gov/disaster

05/29/2020

PPP Loan Forgiveness Update: The U.S. House approved legislation Thursday making it easier for small businesses and other recipients of Paycheck Protection Program (PPP) funding to qualify for forgiveness of the loans.

The US House passed a bill that would relax some of the requirements that Paycheck Protection Program fund recipients need to fulfill to qualify for forgiveness from their loans.

04/12/2020

The Paycheck Protection Program is the crown jewel of the CARES Act. The CARES Act allocates $349 billion to the PPP loan initiative in an effort to stabilize small businesses during the COVID-19 outbreak. Here are five things that borrowers need to do after receiving their loan.

04/10/2020

📧 Subscribe to our e-newsletter to stay updated on SBA programs and resources for small businesses. Enter your zip code for local updates.

👉 https://www.sba.gov/updates

03/25/2020

In Notice 2020-18 (PDF), the Treasury Department and the Internal Revenue Service (IRS) announced special Federal income tax return filing and payment relief in response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency. Below are answers to frequently asked questions related to the relie...

03/10/2020

Merchants who lose customer data face a long and expensive struggle to earn back customers’ trust. Here's how to improve cybersecurity at your company.