Skip to content

Blog Month: April 2021

a clock and notecard reading "deadline" on a corkboard

May 17, 2021 Deadline Day – Pay to Avoid Penalties

As many have heard, the 2020 individual income tax filing deadline was moved to May 17, 2021. This deadline is fast approaching, and it is important for individuals to have
masked waiter serves food to 2 patrons

SBA Announces Opening Date for Restaurant Revitalization Fund

The SBA announced today that registrations for the SBA RRF portal will be open starting Friday, April 30th at 9 AM EST and the application portal will open on Monday,
sign in shop window saying "come in, we're open"

Shuttered Venue Operators Grant Portal to Reopen April 24

The SBA announced that after rigorous testing and updates to procedures, the SVOG portal will reopen Saturday, April 24th. Potential applicants can register for the portal now so that they are
scissors cutting the word "Tax"

Unemployed last year? Buying health insurance this year? You may benefit from favorable new changes.

In recent months, there have been several tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage caused by
apply now text over a person on a computer

Targeted Economic Injury Disaster Loan (EIDL) Advance Reevaluations

If your organization received a notification to apply for a Targeted EIDL Advance and were subsequently denied, you are now able to send a request to have that application reevaluated. 
sign in window that reads "reopening soon"

SBA Anticipates Shuttered Venue Operators Grant Portal to Reopen This Week

The Shuttered Venue Operators Grant (SVOG) program has been plagued with issues since its initial start date of April 8th.  In addition to the portal technical difficulties that began almost
waiter in protective mask sets a table

SBA Releases Guidance on Restaurant Revitalization Fund

On Friday, April 16, the SBA released much anticipated guidance on the Restaurant Revitalization Fund (RRF) in the form of a program guide and a sample application, Form 3172.  Who
silverware set wrapped up with a napkin

National Restaurant Association Provides Early Information on Restaurant Revitalization Fund

While we anxiously await more guidance and information on the Restaurant Revitalization Fund (RRF) from the Treasury and the SBA, the National Restaurant Association has been able to get some
calendar with "tax day" written on May 17th, 2021

REMINDER: Due dates for 2020 tax returns and the change of “Tax Day” to May 17th

Internal Revenue Service announced that the federal 1040 income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021 to May
meeting with multiple people siting at a table in front of a laptop screen with a chart on it

Be Capitalize Wise!

Should you capitalize or expense your business’ or organization’s latest purchase? This is a question that should be getting answered for each and every purchase you make.  The answer you