Coronavirus Food Assistance Program (CFAP)

Coronavirus Food Assistance Program (CFAP) for Ag Producers The USDA announced details on the CFAP for ag producers with the application going live on May 26. … [Read more...]

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Details

On Friday evening, May 15, 2020, the U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck … [Read more...]

AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program

The AICPA has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and … [Read more...]

PPP Loan Tracking and Recording Expenses in QuickBooks Desktop

Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks for how to record the funds received from the Paycheck … [Read more...]

PPP Loan Tracking and Recording Expenses in QuickBooks Online

Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks Online for how to record the funds received from the Paycheck … [Read more...]

EIDL Loan Portal Reopens for Agricultural Businesses

On May 4, the SBA began accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. … [Read more...]

President Trump Signs into Law $484 Billion Interim Coronavirus Relief Funding Bill

On Friday, the President has signed into law a $484 billion interim coronavirus relief funding bill with the majority of the aid going to small businesses, … [Read more...]

Kandiyohi County Real Estate Taxes

The May 15 Kandiyohi County real estate taxes deadline has been extended to July 15. … [Read more...]

Paycheck Protection Program Calculators

Check out the Paycheck Protection Program (PPP) Calculators provided by the Minnesota Society of CPAs (MNCPA) PPP Loan Calculator – Non-seasonal & In … [Read more...]

Answers to Stimulus Payment Questions

Stimulus payments are starting to go out. The IRS states on their website that they are committed to getting the Economic Impact Payments (also referred to as … [Read more...]