16 Apr COVID-19 Update 9: SBA publishes new PPP guidance, CDTFA extensions to file and pay, Direct deposit portal opens, Info on 1031 like-kind exchanges, Further extensions available
SBA Publishes New Paycheck Protection Program Guidance
In Regards to Self-Employed and General Partners
The U.S. Small Business Administration issued a new interim final rule Tuesday that supplements the guidance for the Paycheck Protection Program (PPP) included in the first interim final rule for the PPP issued on April 2 and FAQs that are being updated periodically.
CA Dept. of Tax and Fee Administration
Economic Impact Payment Direct Deposit Portal Open (04-15-20)
- Enter their bank account information if they hadn’t previously requested direct deposit on a return, or if they want to update their information;
- Confirm the payment type: direct deposit or check; and
- Check their payment status.