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Recent Post
A Big IRS Update For Hampton Roads Businesses On Using The PPP Loan Funds
Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Hampton Roads businesses.Ouch.The IRS just released new guidance to this end...
Should Your Hampton Roads Business Consider Returning The PPP Loan?
There has been a lot of recent talk about the PPP money, who got it, who didn't, and even if some companies should pay it back.I have some thoughts on this but ultimately, you will have to make this decision.It's an easy decision if you desperately needed it. And if...
An SBA Funding Update And Four Scenarios Your Hampton Roads Business Could Be In
The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...
I’ve been a customer of Steve Kallam for over 10 years! If you know me well, you are aware of my loyalty to people who are doing me and the community right. Steve and his entire operation can deliver a complete service package on personal, commercial, and or corporate level!! PNL, payroll, taxes and more. Make them your first choice. You won’t regret it! – you have my ‘approved’ stamp on it.
Shani Yourman
