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Tax Deadline Extension

Tax Deadline Extension: Important message regarding tax deadlines!   The IRS has decided to postpone filing deadlines for taxes. With this tax deadline extension came a few other changes, but note that some dates have remained the same. The new tax filing deadline for 1040s will be May 17th Payments due deadline for 2020 tax…

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Importance of Web Security for Small Business

More than 150,000 small business websites could be infected at any moment.

There are estimates that there are 80,000 cyber-attacks per day. Many small and midsize businesses tend to think they’re not a target and, therefore, do not invest in web security. Due to the lack of protection of these systems, many of the successful attacks have been targeted at companies of this size.

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PPP Flexibility Act – Good News! Or Good News?

PPP Flexibility Act – Good news! Or maybe Good news?? Congress passed the Paycheck Protection Program Flexibility Act of 2020 and the President signed it into law. This is a short bill (3 pages) but has the much-anticipated extension of the Covered Period. Here are the highlights of the bill: Highlights of the PPP Flexibility…

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PPP Loan Forgiveness Update

PPP Loan Forgiveness Update- This past weekend the SBA released the much-awaited PPP Loan Forgiveness Application. You can access it here: Just prior to the release of the application we recorded a video explaining, in detail, how the loan forgiveness calculation works and we walk through the Tembo PPP Loan Forgiveness Calculator. Check it out…

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PPP Loan Forgiveness

PPP Loan Forgiveness & Taxation The SBA resumes receiving applications for the PPP loan today, following the second round of funding that was approved by Congress last week. At this point, it appears that about 30% of those of you who have applied for the PPP Loan have received funding. I’m hopeful that the other…

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