|Beyond the Numbers|
Can you believe it’s almost August already? While this year has flown by, it sometimes feels like it will never end. With that in mind, we wanted to remind you what you can do this time of year to get ready for the end of year tax prep.
1099’s – Now is a good time to review your vendors and send us any outstanding W9’s for service vendors – Click Here for a Blank W-9Check-in with your CPA for tax planning purposes and/or make changes to your estimated tax payments, especially if you have been affected by Covid-19Revisit your forecast for the year and be sure to make adjustments for the second half – Contact us if you need help with this!
|Client Highlight: My Hot Lunchbox|
|Our client highlight for this month is My Hot Lunchbox! Through partnerships with local restaurants, My Hot Lunchbox offers affordable and simple solutions for children’s school lunches at schools without cafeterias. They also give schools the opportunity to raise funds through their partnerships. In 2019, schools raised $69,812 through My Hot Lunchbox… click here to read more!|
|Want to share your story?|
We have a feature on our website where we highlight clients and we would love to highlight your company! If you would like to be featured just click the button below to fill out a brief questionnaire. We will handle the rest!
The Senate passed an extension for applications for the Paycheck Protection Program until August 8th, 2020.
Also, the forgiveness applications have been released by the treasury and we have provided them below! However, individual banks may have or be creating their own applications, so be sure to be thorough in your application process.
EZ Forgiveness Application
EZ Forgiveness Instructions
|EIDL and PPP Loans|
If your company applied for both the EIDL Loan and the PPP Loan, your PPP forgiveness application will be more difficult. You will have to account for the use of both loans, to show there was no duplication in the use of funds. In addition, the amount of any EIDL grant you received will be deducted from the PPP Forgiveness amount.
Click here for more information, and let us know if you have any questions.
|Upcoming Virtual Events:|
Packard Place Public House – July 22nd, 29th @ 4:30pm – On the third Wednesday of every month, the Queen City’s entrepreneurial community joins together for an evening of networking and connections over drinks.
Raleigh Chamber Women’s Leadership Conference – July 21st-23rd – This year’s Women’s Leadership Conference, presented by Raleigh Chamber, comes with the theme “Take Action Today.” The three-day event will feature lightning-style talks on building a skillsets and networks.
Dig South Virtual Tech Summit 2020 – July 23rd-24th – A must-attend for entrepreneurs and technology industry representatives in the South, the DIG SOUTH Tech Summit connects leading global brands to scalable startups in the region.
NC Tech 2020 State of Technology Conference – July 23rd-24th – NC TECH’s annual State of Technology Conference is back, this time in a fully virtual format and focusing on how data impacts our personal and professional lives. The two-day program will feature keynotes, panels, a pitch competition and a virtual exhibit showcase.
Code for Durham: Civic Hacking Session – August 4th – A bi-weekly project night for technologists, designers, developers, and more. All and any who are working on “civic technology” projects are welcome.
Get2Know NC Tech Webinar – August 14th @ 9:00am – Join for the monthly interactive webinar that provides an overview of NC TECH activities and online resources.
GDG Cloud RTP Meetup – August 16th @ 10:00am – A group of developers and learners interested in the Google Cloud Platform. Every week this group meets together to do an application project or qwiklab.
|Our best form of advertising is word of mouth and referrals from current clients. We are looking to add a few start-ups to our client list in 2020, so if you know anyone that we could help, please send them our way. If you don’t, you can still help by leaving us a review on Google. Just click the button below!|
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and everything On The Books!