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Blog

PPP and PPP2 Updates & Highlights

Jan 14, 2021 | Blog, Covid-19

PPP updates include: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs; PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs,...

2020 Tax Organizer Avaliable

Jan 10, 2021 | Blog, Forms, Personal Tax

Did we complete your 2019 tax return? If we completed your prior-year return we can provide you with a custom tax organizer that includes last year's information so that you can compare it to this year's information just send an email to info@RMSAccounting.com. Be...

PPP Update – NEWS RELEASE – 01/08/2020

Jan 9, 2021 | Blog, Business Tax, Covid-19

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new...

Covid-19 Funding Bill aka Consolidated Appropriations Act, 2021

Dec 28, 2020 | Covid-19, Personal Tax

Last night President Trump signed the Consolidated Appropriations Act, 2021, the act includes $900 billion in Covid-19 Stimulus. While we are in the processing of studying the new law so that we can present a Webinar that lays out what it means and what to expect we...

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