Links to Resources
I Am Still Here For You!
I Am Still Here For You!
Here are some links that you can use to keep informed with all changes due to the pandemic. See some key points of the Stimulus Package below. I am still here to service your accounting and tax needs. We can take care of business using email, and other apps like Duo or FaceTime. Don't panic, stay informed.
We appreciate your business! 225-348-5748
COVID-19 Stimulus Package (CARES Act)
Here are some takeaways...
COVID-19 Stimulus Package (CARES Act)
Here are some takeaways...
Provides $1,200 to Americans with an AGI of $75,000 or less ($150,000 in the case of joint returns and $112,500 for head of household) and $500 for each child.
Unemployment aid increases by $600 per week and benefits are extended an additional 13 weeks. Self-employed workers, independent contractors and those who typically don’t qualify for unemployment benefits would be eligible.
Small business loans and grants are available. Loans for businesses that have fewer than 500 employees could be partially forgiven.
Loan programs available for non-profit programs. Use the link to the application for small business loans in the left menu.
Student loans will not accrue any more interest between now and September 30, 2020. On top of that, payments don’t have to be made on federal student loans through that date. A borrower who chooses to pause their loans will pay no late fees and no penalties; freezing the loan at its balance from March 13th.
PLEASE DON'T JUST STOP PAYING. YOU MAY HAVE TO APPLY FOR STOP PAYMENTS!!! TALK TO YOUR STUDENT LOAN SERVICE PROVIDER.