BOTH TAXPAYERS AND TAX COLLECTORS HAD A VERY HARD TIMES IN 2020
We have summarized most important updates from most reliable sources and put together the sources that explains the updates in a professional manner.
2nd round of $10,000 EIDL grant of SBA portal will be available starting 17th of January, 2021;
To qualify for the full targeted $10,000 EIDL grant, a business must:
- Be located in a low-income community, and
- Have suffered an economic loss greater than 30%, and
- Employ not more than 300 employees
For more info click here
Video explaining terms clearly, click here
A couple of fees/local tax waivers are available for new businesses registered in 2020 in California, for more info keep in touch with us CONTACT
A new kind of local Small Business Loans/Credits is available in California and around different states. For more info keep in touch with us CONTACT
New Tax Brackets for 2020 has been released, for more info click here.