The Small Business Administration (SBA) advised lenders on July 23 that the PPP Forgiveness Platform will not begin accepting Forgiveness Applications until August 10, 2020, and this date will be subject to extension if any new legislative amendments to the forgiveness process necessitate changes to the system. Final Treasury guidance concerning PPP Forgiveness Applications (which was expected in early July) is now not expected until after related federal legislation is resolved. Banks, accountants and others are being advised not to process PPP Forgiveness Applications until this legislation is enacted and related Treasury and SBA guidance is finalized.READ MORE
The original tax filing deadline has passed. Here are a couple of resources available for individual tax payers to get quick answers for yourself for free.
You can check on your refund using the IRS Where’s My Refund? tool. It is available on IRS.gov and the IRS2Go app. If you do not have access to a computer can call 800-829-1954. The tool updates once daily, so there’s no need to check more often. You will need: