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Blogging Beyond the Numbers

Posted by: Christin Biermeier 1 day ago
PPP Loan Forgiveness Application & Instructions Click here to download the Paycheck Protection Program Loan Forgiveness Application (06-16-2020) (Spanish version) Click here to download instructions for the Paycheck Protection Program Loan Forgiveness Application (06-16-2020) PPP EZ Loan Forgiveness Application & Instructions Click here to download the Paycheck Protection Program E...
Posted by: Evan Thom 1 day ago
Millions of Americans have already received their Economic Impact Payments (EIPs) authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the economic threats caused by COVID-19.  Under the CAREs Act, eligible individuals can receive $1,200 (or $2,400 for a married couple filing a joint return) and may receive up to an additional $500 for each qualifying child.&...
Posted by: Melodi Bunting 2 weeks ago
On June 17, 2020 the U.S. Small Business Administration (SBA), released a revised Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act, as well as an EZ version.  The EZ version applies to the following borrowers: Self-employed, independent contractor, or sole proprietor who had no employees at the time of the applicationThose who did not reduce annual...
Posted by: Jessica Nordenstrom 2 weeks ago
How should I adjust my internal controls while working remotely? It’s no surprise that one of the most commonly asked questions our assurance department receives from clients lately is “how should I adjust my internal controls for COVID while working remotely?” It’s a question everyone is curious about and looking for recommendations on. The answer isn’t as cookie-cutter as some may think, giv...
Posted by: Katy Mering 3 weeks ago
Are you a farmer with gross income from Farming in 2019 of at least $35,000 but less than $5,000,000?  Have you suffered economic damages in 2020 from COVID 19? Follow this link to the Wisconsin Farm Support Program and see if you would qualify for this grant of $1,000 to $3,500.  This is time sensitive as the grant applications will be accepted beginning on June 15th at 7 am and ends June 29th. ...
Posted by: Christin Biermeier 3 weeks ago
The Wisconsin Economic Development Corporation (WEDC) will issue 30,000 grants of $2,500 to Wisconsin small businesses to help them get back on their feet amid disruptions caused by the COVID-19 pandemic. ...
Posted by: Kate Serpe 4 weeks ago
On June 3rd, the Senate passed the Paycheck Protection Program Flexibility Act.  The bill now awaits the president’s signature.  The bill includes some much needed changes that will help businesses and organizations utilize the funds to meet their needs.  The covered period is now extended to 24 weeks, up from the original 8 week period.The covered period is now extended to December 31,...
Posted by: Whitney Mauger 1 month ago
Nearly everyone has heard about the Economic Impact Payments (EIPs) that the federal government is sending to help mitigate the effects of the coronavirus (COVID-19) pandemic. The IRS reports that in the first four weeks of the program, 130 million individuals received payments worth more than $200 billion. However, some people are still waiting for a payment. And others received an EIP but it was less ...
Posted by: Kate Serpe 2 months ago
If you received a Paycheck Protection Program (PPP) loan, we want to inform you of the most recent update released from the Small Business Administration (SBA) in the PPP FAQs Sheet. In summary, the answer states that any loans received that do not exceed $2 million will be deemed to have made the required certification concerning the necessity of the loan request in good faith. The safe harbor repaym...

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