The Small Biz Chic & Co.

Personal 1040 due date will be here before you know it. If you haven’t filed and need help, ask sooner than later!

If you’ve been offered an EIDL loan please fully educate yourself before accepting this low-interest, 30 yr loan. I’ve read all the nitty-gritty in terms of what they’re saying if you accept this loan. Please do not accept these loans without consulting somebody. Great video links below. One of the terms, in fact, is that you can not consult or have legal authority over your representation about the loan. If you take this loan you are giving up not only all of your privacy r...ights but if you take more than $25,000 you are giving up all of your business Every little bit of collateral you’ve ever built to make your business. It’s really crazy stupid the dynamics that they are playing into this contract. Please please please make sure that you are consulting with someone you trust or before you sign your life away. https://youtu.be/sJbMtGF420Q https://youtu.be/wn69aTgE3Yg See more

Wonderful article written by one of my dearest clients. "As we strap on our masks for the long journey ahead, I invite you to try a weekly day off screens, a shelter in time, for extra protection along the way." Tiffany Shlain & Let It Ripple Film Studio #techshabbats

I have tried to confirm with my clients that they do not need to be worried about this fact but, here is some more proof. If you took out a loan from PPP based on an uncertain economic situation, you are fine.

Self-employed folks, it’s almost your time to re-file for unemployment. Mark your calendar for the 28th.

Long video but worth the watch if you’re feeling frustrated about the PPP loan program. He’s a mentor and someone I followed closely during this process to be sure I was giving the best advice to my clients. Heavy heart knowing so many of you didn’t get the help you so badly need. We’ll get through this.

SPECULATIONS about PPP loan for self-employed peoples, check your Schedule C. Get the average. Then call me for help! 707-536-1779

This is great news!

Sole proprietors the new PPP loan is open to you! It originates through a bank so make that call today! Most will begin taking applications as early as tomorrow.

While we wait for guidance from the SBA, here’s what you can do to prepare your small business for the Paycheck Protection Program: http://chase.com/cares

The Paycheck Protection Program - Explained in Detail by Hector Garcia, CPA

Some basics on the forms needed to apply for the SBA relief loans.

Great summary from my tax-education team. Thanks, Pronto Income Tax!