Update: President Biden has signed the PPP extension into law today (March 30th)! Last week the US Senate voted to extend the deadline for applying for the Paycheck Protection Program (PPP) from March 31st to May 31st. The House had… Read More ›
This is your last chance to get tax-free money from the Paycheck Protection Program (PPP)! The deadline to apply is March 31st, so apply now! All family child care providers who were in business before February 15, 2020 are eligible… Read More ›
Family child care providers can now receive substantially more in tax-free income from the Paycheck Protection Program (PPP)! This is because the Small Business Administration (SBA) has changed the rules and now allows providers to use their gross income, rather… Read More ›
Do you need a loan to help you survive the COVID-19 crisis? The Small Business Administration (SBA) offers such a loan. It is called the Economic Injury Disaster Loan (EIDL) program. You can borrow money at a 3.75% interest, to… Read More ›
Too often family child care providers, and sometime tax professionals, don’t understand the unique tax rules affecting their business. Here are three “Family Child Care Home Provider Tax Tips” that will help providers better understand the basics of what they… Read More ›
Here are three articles translated into Spanish about the Paycheck Protection Program (PPP) that have been previously posted on my website: “Providers Can Now Get More Money From the PPP! MARCH 4, 2021” First PPP “You May Be Eligible for the… Read More ›
Now that you have received money from the Paycheck Protection Program (PPP), how do you spend it? And once you have spent it, how do you apply for forgiveness? Many family child care providers have received money from the PPP…. Read More ›
April 15th is the deadline for family child care providers to file your federal estimated tax payment for the first quarter of 2021. Although the IRS has extended the deadline to file your 2020 taxes until May 17th, estimated taxes… Read More ›
Update: President Biden has signed the PPP extension into law today (March 30th)! Last week the US Senate voted to extend the deadline for applying for the Paycheck Protection Program (PPP) from March 31st to May 31st. The House had… Read More ›
If you had the chance to put $370 into a savings account and have it immediately turn into $1,000, would you do it? You have this chance if your family is low income and makes a contribution to any Individual… Read More ›
Family child care providers who received state and federal unemployment benefits in 2020 no longer have to pay federal income taxes on the first $10,200 they received. This became a new law on March 11th as part of the American… Read More ›
The House of Representatives have overwhelming approved a bill that would extend the deadline for filing an application with the Paycheck Protection Program (PPP) until May 31, 2021. It appears that the Senate will take up this bill next week… Read More ›
The Child and Adult Care Food Program (CACFP) is a federal nutrition program that works to combat hunger and bring healthy foods to children in family child care homes and centers. March 14-20th is National CACFP week sponsored by the… Read More ›
This is your last chance to get tax-free money from the Paycheck Protection Program (PPP)! The deadline to apply is March 31st, so apply now! All family child care providers who were in business before February 15, 2020 are eligible… Read More ›
