Franchise Tax Board (FTB) Overpayments Notices
Franchise Tax Board (FTB) Overpayments Notices If you have recently received FTB notices indicating either your 2019 California overpayments were not credited to 2020 or your 2020 estimated taxes were reduced, please note that these are likely erroneous notices generated by the system, and FTB is currently working on resolving the issues. On December 20, […]
Update to PPP Loan and SBA EIDL Programs by the Consolidated Appropriations Act
On December 27, 2020, the President signed the Consolidated Appropriations Act (CCA), which provides $900 billion in new COVID-19 relief funding and renewed and expanded the Paycheck Protection Program (PPP), and the Economic Industry Disaster Loans and Grants (EIDL), and made changes to the programs, some of which are retroactive. The CCA includes significant modifications […]
