It was overcast this morning on the beach, but I was glad to get out to clear my head on #TaxDay? Yes it’s April 15th but the only extensions we are filing are for our self-employed clients who operate in NYC (there was only a minimal extension of time to file the Unincorporated Income Tax Returns (UBT). EIDL And PPP Applications and Funding I am hearing from others in the… Read more
In this video, I talk about how the Economic Injury Disaster Loans & Emergency Economic Injury Grants can help your business. I remember the joke that “Ask an accountant how much is 1+1”, and they say “what would you like it to be”. It sounds like the new Non-Joke “what is my average monthly payroll cost” and we say “what day is it” … Please watch my video, which I… Read more
The COVID-19 pandemic may have an economic impact far beyond last year and the next two or three. A recent report by the World Bank projects global economic growth to slow to 1.9% per year from 2020-2029. Prior to the pandemic, growth was projected to be 2.1%, down from 2.5% over the previous decade. Investments in infrastructure, diversifying economies and supporting the employment of women may help to mitigate or reverse that… Read more