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PPP Loan Forgiveness – Key Points

PPP Loan Forgiveness – Key Points

Did you get a PPP Loan? Wonderful! Although information for loan forgiveness may be confusing to decipher, we put together some key points to help you understand the loan forgiveness process. Application Due Date: There is no formal due date to apply for loan...

Learn How to Stay Safe From SBA PPP Scammers Online!

Learn How to Stay Safe From SBA PPP Scammers Online!

Fishing is awesome! Phishing is not! The SBA has become aware of a new ruse used by criminals targeting Small Business Administration (SBA) PPP loan applicants. Criminals are using social engineering techniques to impersonate the SBA and its Office of Disaster...

What is Estate Planning?

What is Estate Planning?

Why do Estate planning? I don’t want to think about it! Let my family members figure it out! Why spend money right now? I am still alive and kicking! Estate planning is necessary to avoid giving your money to the government as opposed to your loved ones! Estate...

PPP Loan Forgiveness Application Revision Announced by SBA

PPP Loan Forgiveness Application Revision Announced by SBA

As of June 16, 2020, The U.S. Small Business Administration (SBA) released the updated PPP (Paycheck Protection Program) Loan Forgiveness Application, which replaces the application that was released last month on May 15, 2020. H. R. 7010, commonly known as The...

The Main Street Lending Program’s New Expansion Updates

The Main Street Lending Program’s New Expansion Updates

The Federal Reserve's $600 billion Main Street Lending Program assists SMB's with less than 15,000 employees or annual revenues of $5 billion or less in 2019. The MSLP supports small to medium-sized businesses the working capital to stay afloat during and after the...

Stay Home, Stay Safe.

Stay Home, Stay Safe.

In times of uncertainty, we as accountants are here not only to help you rest assured with finances but also with anything else you may need. At ZOMMA, we always treat our clients like family and we are here to listen to all of your concerns. Sometimes, everyone needs...

Small Business Relief Programs During the COVID-19 Crisis

Small Business Relief Programs During the COVID-19 Crisis

As a small business owners & members of the community, we want to make sure we are keeping you updated of the options available to you. To obtain more information and see if you qualify for the disaster loans please contact us at info@zommagroup.com. The Small...

Tax Day now July 15! IRS Extends Deadlines

Tax Day now July 15! IRS Extends Deadlines

The Treasury Department and Internal Revenue Service announced on March 21st, that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to...