SBA – ECONOMIC DISASTER LOANS & BACK TAXES

My review of the Economic Injury Disaster Loan from the SBA, shows there is good and bad in the loan, if you were lucky enough to get one. 1. The terms and conditions are spelled out:  a. For loans in excess of $25,000, the SBA will secured all assets of the business,    making it difficult

PANDEMIC AND TAXES

At this writing (5/15/2020) we are 8 weeks or more (I forget) into the coronavirus shutdown. I am in California, and we have no idea how long it will be shut down, they are saying anywhere from 3 months to 1 year. No matter what you do, FILE YOUR FEDERAL AND STATE TAXES ON TIME.