COVID-19 Tax Credit Master Class

Recently we held a webinar entitled, ” COVID-19 Tax Credit Online Master Class”. We created online event to provide critical information to our clients as well as to the general public, out of a calling to use our skills and talents to ease the burden of small businesses, self-employed, and independent contractors.

In an effort to bring as much value as possible, we have compiled this list of resources as a go-to for anyone seeking the most updated information. As such, this page will be updated as circumstances change.

COVID-19 Tax Credit Online Master Class Webinar and Notes

For anyone who missed it, here is a recording of the webinar itself:

A PDF of the full slide deck can be downloaded here

We have researched this matter extensively and will continue to research it in the coming weeks and months. There are various ways to keep abreast of the rapid changes happening with this situation, but the very best way is to sign up for our newsletter.

If newsletters aren’t for you, consider following us in other ways:

Other Resources

We have written a few articles on this subject, and we will continue to write more. You can find all related articles here.

SBA Disaster Assistance

This is where you’ll want to go to apply for the EIDL (Economic Injury Disaster Loans) as well as to learn more about other options available to you. Visit them here.

If you are looking for ways to obtain PPP (Paycheck Protection Act) funding, this is a little more challenging: these loans are not offered for direct funding by the SBA. Instead, you’ll need to reach out to an SBA 7(a) approved lender and we have had limited success in finding ones ready to do such lending.

For a list of SBA 7(a) lenders, please refer to this SBA link.

What are the next steps I need to take?

This article is a helpful overview, but no post can replace the insight of a qualified professional who understand the law, accounting, and how these impact your particular situation.

The issues around these acts and how they affect your business are complicated and unique to you. Perhaps you’re self-employed or work as an employee for your own business. How to protect your business and make the most of this situation for your employees, your family, and yourself requires careful consideration.

Please call us today at (208) 497-5955 or schedule a consultation here.

The material appearing in this communication is for informational purposes only and should not be construed as legal, accounting, tax, or investment advice or opinion provided by Alternative CPA & Consulting LLC. This information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant-client relationship. Although these materials have been prepared by professionals, the user should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Alternative CPA & Consulting LLC assumes no obligation to provide notification of changes in tax laws or other factors that could affect the information provided.