Crystal Cox/Business Insider
Depositing your small-business loans through the Paycheck Protection Program into a separate account not only helps you keep track of funds, it also puts you on track to have them forgiven. Legal and financial experts recommended keeping the loan separate to prevent unintentional misuse of funds. It also prevents payroll errors from popping up.
Here are all the reasons why you should make a separate account for your small-business loan, and how to hold onto those funds for good.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Starling is off to a fast start on relief loans - Business Insider - Business InsiderStarling has been stepping up its efforts to appeal to businesses amid the pandemic, and it's already reaping some tangible benefits
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Exclusive: U.S. Justice Dept. subpoenas Wall Street banks for small business loans info - sourcesThe U.S. Justice Department has sent grand jury subpoenas to big banks seeking records as part of a broader investigation into potential abuse of a $660 billion emergency loan program to help small businesses hurt by the novel coronavirus, two people with knowledge of the matter told Reuters. Wells Fargo has been caught doing anything awful for at least a week. I wonder how much of this money went through them. Wells Fargo hasn't been caught doing anything awful for at least a week. I wonder how much of this money went through them. Those banks are businesses too, why not loan them money too?
La source: Reuters - 🏆 2. / 97 Lire la suite »
The SBA signaled startups could apply for loans, but some urge caution - Business InsiderThe government is now giving startups a green light to participate in its $670 billion small-business loan program, but at least some advocates are urging caution
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Dow climbs 377 points as bank-stock rally outweighs historic unemployment filings - Business InsiderEarly-day declines driven by dismal economic data gave way to gains in the afternoon as bank stocks rallied. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 Trump2020 🇺🇸🇺🇸🇺🇸 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »