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Understanding the $900B Stimulus Package

On Monday, Dec. 21, 2020, Congress passed an emergency stimulus package designed to deliver approximately $900 billion in COVID-19-related aid. The bill, which was part of a $1.4 trillion spending package that will keep the government open for the fiscal year, has been sent to President Donald Trump, and he is expected to sign it […]

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SBA Announces Simpler PPP Loan Forgiveness Application

The Small Business Administration (SBA) and the U.S. Department of Treasury (Treasury) recently released a simpler Paycheck Protection Program (PPP) Loan Forgiveness Application Form 3508S and instructions. This updated, simple two-page application is for borrowers of $50,000 or less, and is not for use by borrowers who received PPP loans totaling $2 million or more […]

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Beware of This New Text Scam Involving Stimulus Checks

The tax industry, state tax agencies and the IRS are warning taxpayers about a new scam that criminals are using to try to trick people into disclosing their bank account information in order to receive an Economic Impact Payment, or as it’s commonly referred to, a stimulus check. What’s the Scam? In this new scam, […]

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Will my auto insurance cover a rental car?

When renting a car, the rental company will typically ask if you’d like to purchase insurance coverage for the vehicle. It’s at this point when you have to ask yourself: Do my personal insurance policies provide the coverage I need, or should I purchase insurance through the rental car company? Although standard auto insurance policies […]

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Hurricane Preparedness for Businesses

Hurricanes generate a series of threats to lives and property. The most obvious is the threat posed to buildings, equipment, and people by the high winds which characterize such storms.