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Monthly Archives: April 2020
Can a Professional Gambler Apply for a PPP or EIDL Loan?
The CARE Act added Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) for businesses to recover from the COVID-19 pandemic. A question many of our clients have asked is, “I’m a professional gambler. Can I apply for one … Continue reading
Posted in Gambling, SBA
Tagged 2020.Tax.Season
Comments Off on Can a Professional Gambler Apply for a PPP or EIDL Loan?
Individual Return Deadlines (Probably Final)
We prepare tax returns for individuals throughout the United States, so we have to keep track of the deadlines–and that’s a task right now. So we created a spreadsheet with the information so we can see this at a glance … Continue reading
Seniors Won’t Have to File Tax Returns, SBA Loan Update, and New Jersey
Earlier this week the IRS posted that to obtain the Recovery Rebate that seniors and others would have to file a tax return. When news of that got out–especially given that the law that was passed says otherwise–organizations representing seniors … Continue reading
Posted in IRS, New Jersey, SBA
Tagged 2020.Tax.Season
Comments Off on Seniors Won’t Have to File Tax Returns, SBA Loan Update, and New Jersey