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Second Round of PPP & EIDL Coming Soon - Be PreparedToday, Tuesday, April 21st the Senate passed a nearly $500B coronavirus "Phase 3.5" relief bill with about $300 billion set aside for the PPP along with another $60 billion for the the EIDL. The House is expected to sign the bill on Thursday. If you are going to apply, you may want to call your bank and start getting your information prepared. More information about the loans can be found here. sba.gov/funding-programs/loans/coronavirus-relief-options Read article
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Don't Miss January's Chamber Luncheon - "Biden Tax Proposals and the Impact on You and your Business - Let's Make Your Money Count!"Please join us for January's Virtual Chamber Luncheon on January 20th, from 11:30am - 1:00pm
Our speaker for this luncheon will be Bob Smith, CPA, with Nextgen Accounting, PLLC. Bob will talk to us about "Biden Tax Proposals and the Impact on You and Your Business - Let's Make Your Money Count!"
About NextGen Accounting, PLLC:
NextGen Accounting PLLC was founded to assist clients in maximizing income and cash flows. Robert (Bob) Smith, CPA, the founder, has over 25 years public and private accounting experience. While well versed in taxation, Bob has vast experience working as a controller and CFO for small and medium size businesses. He uses this expertise to assist his clients in reducing costs and growing revenues.
Their website www.nextgenacct.com provides a description of the services the firm offers. Read article
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Calendar of Events
SATURDAY, July 22nd 9:00 AM - 2:00 PM
The Maple Valley Farmers Market is held every Saturday from 9 am to 2 pm at Rock Creek Elementary School: Rock Creek Elementary School 25700 Maple Valley Black Diamond Road Maple Valley, WA...
SATURDAY, July 22nd 11:00 AM - 4:00 PM @ Lake Wilderness Park
Saturday, July 22nd, 2017 Maple Valley Parks & Recreation Kid's Festival is a BLAST! Come Join the fun! Festivities begin at 11am and fizzle...
SATURDAY, July 29th 4:00 PM - 8:00 PM
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Paycheck Protection Program Reopens!Now Open - A new round of the Paycheck Protection Program (PPP) to help businesses during the coronavirus pandemic is now open. There are different applications for businesses that are requesting a second round of funds and those that are applying for the first time. Contact your bank for further information. You can also find more information about it here (U.S. Small Business Administration - SBA). Read article
Governor Announces Additional Grant Money.....and a 3 week Extension on Current RestrictionsYesterday, Governor Inslee announced a 3 week extension on COVID business restrictions. He was also joined by Department of Commerce Director Lisa Brown, who announced an additional 50 Million which will double the number of Washington small businesses that will receive aid. Industries recently shut down, such as restaurants and fitness centers, as well as businesses that have been devastatingly impacted throughout the pandemic, like music and event venues, have been prioritized. Applications are open but the deadline is the FRIDAY - don't wait until then to apply. Read article
Beware of SBA Scams and Fraud Schemes!The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing. For more information click on "Read Article". Read article
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