Posts Tagged ‘CARES ACT’
How Do PPP Loans Impact Business Taxes?
The Paycheck Protection Program (PPP) was first introduced under the CARES Act, and the latest relief bill clarified specific tax implications.
Read MoreWhat the Special $300 Charitable Deduction Means for 2020 Taxes
The CARES Act includes a special provision that allows taxpayers to deduct up to $300 in charitable contributions. Learn more about who and what qualifies.
Read MoreProvident Tax-Saving Tips-COVID-19 Edition
Provident Tax-Saving Tips COVID-19 Edition 1.) COVID-19: New SBA Loans for Small Businesses The COVID-19 pandemic has upended all aspects of life around the world, including the world of business here in the U.S. If your business is struggling, you may be able to get some help from the federal Small Business Administration (SBA),…
Read MorePayroll Protection Program Tool Kit and Government Relief Resources
Payroll Protection Program Tool Kit and Government Relief Resources To help in navigating the Payroll Protection Program (PPP) Provident has developed a tool kit to assist you in learning about it’s uses, aid you in the application process, and determine the forgivable amount of the loan. To download the toolkit, please click here. The toolkit…
Read MoreCARES ACT – HOW IT IMPACTS YOU AND YOUR BUSINESS
–CARES ACT – HOW IT IMPACTS YOU AND YOUR BUSINESS– INDIVIDUALS AND FAMILIES INDIVIDUAL TAX CREDIT/REBATE All individuals who are not dependents are eligible to receive a rebate of up to $1,200 rebate ($2,400 for married filing joint taxpayers). In addition, taxpayers with children dependents qualify for up to a $500 rebate per child.…
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