PPP, EIDL, CARES…so many acronyms, so little time.
Navigating the new world of stimulus money, loans, grants and tax credits related to the COVID-19 pandemic can be intimidating and overwhelming for even the most experienced business professional. Do you qualify? If so, will you have to pay money back? Can you apply for more than one program? Are the tax credits retroactive? The answers to these questions have changed multiple times over the last year, and we want to provide a little bit of guidance to help you navigate this ever-changing landscape. Our staff sat down with Corbin Pulliam of Lynchburg-based Brown Edwards to answer questions and provide additional resources for your business.
- Use THIS TOOL to see if you may qualify for the employee retention tax credit
- Federal Tax & Accounting Coronavirus Roadmap
- Top 10 Filing Issues for 2020