Wealth Management & Tax Information in Orange County

Orange County COVID-19 Layoff Aversion Support Fund Program - CAPATA

21
May

COVID-19 Updates

Orange County COVID-19 Layoff Aversion Support Fund Program

Orange County COVID-19 Layoff Aversion Support Fund Program

In breaking news, the California Employment Development (EDD) funded $700,000 to Orange County’s Workforce Development Board (OCWDB) in partnership with the Orange County Community Services- Community Investment Division. These funds have been put into the COVID-19 Layoff Aversion Support Program to help small businesses within the Orange County area mitigate layoffs and follow federal and state health orders, such as “social distancing”.

15
May

COVID-19 Updates, Events

PPP Loan Forgiveness (Live Webinar)

PPP Loan Forgiveness Webinar

The webinar is now over: If you happened to miss the webinar, we don’t want you to miss out on the valuable information about PPP Loan Forgiveness, you can now watch it at your convenience.

Extended Employee Benefit Plan Deadlines - CAPATA

08
May

Businesses, COVID-19 Updates

Extended Employee Benefit Plan Deadlines

Extended Employee Benefit Plan Deadlines

When the IRS issued Notice 2020-23, they provided needed guidance for business owners as a result of the extended July 15, 2020 deadline to file and pay taxes. This Notice is specifically regarding the “specified actions” and filing obligations that are normally due on or after April 1, 2020, pushing these back to the July 15, 2020 deadline. The “specified actions” are any time-sensitive actions specified on the Revenue Procedure 2018-58 list, which includes actions having to do with employee benefit plans.

PPP Loans - Bet Practice Guidelines - CAPATA

30
Apr

COVID-19 Updates

PPP Loans – Bet Practice Guidelines

Paycheck Protection Plan (“PPP”) Loans – Disbursement and Use of Loan Funds – Best Practice Guidelines

If you’ve been approved for the Paycheck Protection Program loan, you may have been wondering what are the best practices for receiving and using the funds and documenting the expenses the funds are used on. We have compiled some guidelines to help you as much as possible and we are ready to help if you need our assistance.

16
Apr

COVID-19 Updates

Paycheck Protection Program

Let Us Help: Paycheck Protection Program

If you’re like many business owners in the US today, you’re trying to get the most information possible about how to keep your business running. The CARES Act created new relief loans for small businesses called Paycheck Protection Program (PPP) loans. They are intended to encourage employers to keep their employees on their payroll, so there are huge benefits to these loans.
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