treasury

Home|Tag: treasury

Third stimulus payment round on its way

The third stimulus payment is on its way to taxpayers that qualify based on level of income. Payments will begin to be reduced for individuals making $75,000 or above in Adjusted Gross Income ($150,000 for married filing jointly.) The reduced payments end at $80,000 for individuals ($160,000); people above these levels are ineligible for a

By |2021-03-14T03:58:55+00:00March 14th, 2021|Categories: Individuals|Tags: , , , , |

Did not receive first and second stimulus payment and qualify? Then, claim the Recovery Rebate Credit in your 2020 1040

If you did not get the first and/or second stimulus payments and you qualify based on your income level, then, you still have a chance to receive that money when you file your 2020 tax return. Inside the 2020 tax return, you have to report if you received those payments and the monetary amount. If

By |2021-02-23T21:05:40+00:00February 16th, 2021|Categories: Individuals|Tags: , , , , , , |

2nd round of PPP – Calculation 25% reduction of revenue

The SBA and the Treasury have release guidance (18 page document) on how the 2nd round of PPP should be calculated for the 25% reduction of revenue 2020 Q vs 2019 Q. For the majority of the business, the main impact was experienced on the second quarter of 2020 due to the lockdowns and restrictions

By |2021-01-22T21:53:45+00:00January 19th, 2021|Categories: Business|Tags: , , , , , , |

Steps to maximize PPP loan forgiveness – 30 minutes video (Resolve it in 30 – GPHCC)

The first recording of Resolve it in 30 program for the hot topic of "Steps to maximize PPP loan forgiveness" brought to you thanks to the extraordinary GPHCC team - Jennifer Rodriguez, Javier Suarez, Keiren O'Connell and Yael Tacher for making it possible. Also, a big shut-out to my partners Brian Greenberg, and Erica Greenberg

By |2021-01-05T11:26:52+00:00June 18th, 2020|Categories: Business|Tags: , , , , |
Go to Top